What kinds of safeguards should be put in place for the most vital supply chain processes?
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What kinds of safeguards should be put in place for the most vital supply chain processes?
Step by step
Solved in 3 steps
- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?In order to establish what measures are needed to maintain an existing supply chain, what are the procedures?Does it make sense for a company's supply chain that may benefit from vertical integration and become its own supply chain in light of the difficulties and dangers involved ?
- Give a company example that had disruption in its supply chain and how it could have prevented it ?Is cooperation or information sharing more important for businesses involved in a supply chain?What are the key trends in supply chain management, and how can companies optimize their operations to improve efficiency and reduce costs?
- How can supply chain management create a long-term competitive advantage for companies?How do the most important supply chain procedures get ranked?Given the complexities and risks involved with supply chains, might it make sense for a business organization to vertically integrate and be its own supply chain?
