Question

How important was supply chain management for Target Canada? How did it relate to its business model? Explain your answer.

Answer 1

How important was supply chain management for Target Canada? How did it relate to its business model? Explain your answer.

Supply chain management plays crucial role in the organization because after manufacture its supply chain management who works to deliver their manufactured products and services to different parts of the world.

The Canada business about target supply chain for outlining how supply chain issues collapse ventures and how they are important for better business growth and organizational improvement.

It’s important of strong supply chain for any expanding company, the role of supply chain bring more success. In every business supply chain role is more important with strategies applies.

The supply chain team at target Canada was more dedicated, tireless, technology based and innovative to solve problems and issues that observed in the supply chain.

Every business models are designed in such a way that supply chain bring big results for the organization and add strategies and plans that are applied for growth oriented results.

Each stage plays a crucial role for every action that is applied in the business model right from packing to logistics each and every stage needs to be monitored for great results.

Through supply chain collaboration programs will build strong relations with their partners. Transportation, distribution and logistics can affect your costs. Finding and managing suppliers who are need to meet many business needs of business.

Inventory management strategies, stock control and inventory in the Canadian supply chain to register to access these suppliers and benefits from inclusive supply chain practices.

Let’s discuss few steps in supply chain management and relate. And their important for a business model for target Canada:

• Communication plays an important role in supply chain. The lack of systematic coordination is a tremendous missed opportunity for business operating in Canada.
• Through communication more results can be identified in the field miscommunication leads to interruption in the supply chain. If proper communication is not process with vendors and company then the target market cannot be reached.
• Supply chain technology implementation needs to be well aligned with organizational strategy. Software and other technologies like SAP software is used to manage its operations.
• Data is very important in supply chain management, because supply chain is a key concept that completely works on the data. If data is not analysed properly and maintained then the supply chain cannot run smoothly for organizations model.
• Training is a key concept for every business success model. The best training will win best results in the supply chain. Because updating as per the market trainings needs to be provided for the management for best outcome.
• Need to analyse the supply chain and sole contribution which needs to be considered as accountable in supply chain.
• For every business model supply chain acts as a median for the organization growth by implementing its strategies and plans for the best business model.
• Design, approach and methodology are to be developed for the business model for interconnections of those elements and dynamic capabilities.