1.) What is the outcome of Supply chain management? Give 4 examples of supply ch

Question

1.) What is the outcome of Supply chain management? Give 4 examples of supply chain coordination.
2.) What are the downsides of the sourcing strategy when a firm faces few supplier? Example with example. 1.) What is the outcome of Supply chain management? Give 4 examples of supply chain coordination.
2.) What are the downsides of the sourcing strategy when a firm faces few supplier? Example with example.
2.) What are the downsides of the sourcing strategy when a firm faces few supplier? Example with example.

Explanation / Answer

An effective supply chain helps a firm in following way:

2.) What are the downsides of the sourcing strategy when a firm faces few supplier? Example with example.

Answer

For example: Presence of very few caterers in the market will leads to high rate of foods during functions. Had there been more options available, people could have negotiated with better prices.

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