QUESTION TWO As large organisation contract out (Outsources) non- core activities, the management of service supply chains become prominent. Additionally, in current dispensation organizations spend much more time on service providers than suppliers of goods. Requirements  Identify and Explain the characteristics of “Services” that differentiate it from “goods”

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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QUESTION TWO

As large organisation contract out (Outsources) non- core activities, the management of service supply chains become prominent. Additionally, in current dispensation organizations spend much more time on service providers than suppliers of goods.

Requirements

 Identify and Explain the characteristics of “Services” that differentiate it from “goods”

 

. Identify and Explain Two (2)Implications of Service Characteristics on supply chain management and identify strategies for managing its service supply Chains

 

 Define and differentiate between the following terms:

  1. Effectiveness and Efficiency
  2. Dependent and Independent Demand

iii. Obsolete and Obsolescence Stock

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