Apple is a global technology company renowned for its innovation and design. To create its products, Apple has established a world class global supply chain to bring their products to market. What strategies is Apple using to source and manufacture its products? How does Apple view its responsibility to its suppliers and those who build its products?
Apple is a global technology company renowned for its innovation and design. To create its products, Apple has established a world class global supply chain to bring their products to market. What strategies is Apple using to source and manufacture its products? How does Apple view its responsibility to its suppliers and those who build its products?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Apple is a global technology company renowned for its innovation and design. To create its products, Apple has established a world class global supply chain to bring their products to market.
What strategies is Apple using to source and manufacture its products?
How does Apple view its responsibility to its suppliers and those who build its products?
Expert Solution
Step 1: Define SCM
A product or service's existence, from creation through sourcing, manufacture, distribution, and delivery to the final customer, is strategically created by supply chain management, or SCM. It is an integrated approach that aims to fulfill the needs of customers while streamlining processes, lowering expenses, maximizing inventory, and enhancing quality.
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