Question

The role of data will be very important in the implementation of supply chain, because there will be three parties: vendor / suppliers, company, and customers.

Give one example of a case in the implementation of "global supply chain security" linked to those three parties.

Answer 1

Supply chain in organizations today are very much important because there are various role that the supply chain is playing and as there are three stakeholders involved in the process including Vendor / Suppliers, Company and Customers or Clients as well. I believe that organizations today in order to make their business process convenient and effective is focusing on the implementation of supply chain on a serious note so that there is no miss in the process and each of the stakeholders involved are playing an important role.

If we look at the supply chain of Amazon we will observe that the organization has a well setup process in which the supplier or the seller needs to provide and supply the products to the buyer or customer and the process is considered to be one of the quickest hence we can refer to Amazon's supply chain to get a fair idea about what they do right in the process because of which they have so much recognition. All the three stakeholders are linked in this process.