Hello I need help to commenting on this discussion. 50 word to reply/comment to

Question

Hello I need help to commenting on this discussion. 50 word to reply/comment to what my classmate have post below.

Topic: Supply Chain Objectivies

What are the critical objectives of a Supply Chain?

Some of the critical objectives of any company is Identifying and prioritizing under critical business elements, knowing the entire supply chain to determine if all is needed and what can be combine to determine inter-dependencies, identify the potential failure points along the chain, reducing working capital, and increasing inventory turns. Having goals and dead line for goals can help visually and and sustain all critical objectives.

Explanation / Answer

The main objective of supply chain is adding value to the products, services or organisation which helps in providing competitive advantage. This can be achieved by reducing working capital, increasing inventory production cycle, accelerating cash flow, etc. It also focus on building infrastructure, managing the supply and demand and improve global performance.

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.