What are the benefits for a small business in adopting supply chain management?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What are the benefits for a small business in adopting supply chain management?

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Step 1 Small scale business

For any small scale business, Developing a supply chain management is not a small commitment, it  includes the responsibility of critical monetary assets for the procurement of fitting programming. Strategies and methods should be changed as per the necessities of the new framework. Staff should be prepared in utilizing the new programming as well as adjusting to better approaches for working together. Small business acknowledge these demands of taking on store network the executives frameworks in light of the fact that such frameworks are seen as being significant for long haul endurance and in light of the fact that organizations expect generous administration and monetary advantages.

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