Business Driven Technology
Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter 12, Problem 3AYK

Explanation of Solution

Supply Chain Management (SCM):

Supply Chain Management is defined as design, planning, implementation and combination of all supply chain process. Supply Chain Management is uses a gathering of methods, tools and organization actions to aid industries grow combined supply chains that backing business approach.

Strategy plan for developing supply chain management for a startup:

  • SCM software makes an organization to produce efficiencies by providing some steps by automating and improves the information flow throughout the different supply chain components.
  • It requires number of steps for accomplishing and carrying out the process that is being laid with the business.
  • Automation is the process which executes to computerize the manual tasks and makes them more efficient and effective. This computerized task will lowers the operational costs. It helps the mangers to monitor the entire process and also enables them to do the work faster and efficient.
  • Streamlining enables the business process to improve the efficiencies just by neglecting or deleting the unnecessary steps. Mangers make of use of streamlining for getting the clear view in the business just by monitoring all the projects within a single solution...

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