Chapter 14, Problem 1DQ

Summary Introduction

Interpretation: If the effects of supply chain dynamics can be mitigated with a simple redesign of the supply chain.

Concept Introduction: The dynamics involved in the supply chain could lead to extra costs and it may also lead to poor customer service.

Answer to Problem 1DQ

Based on a thorough analysis, it is concluded that the decision made with regard to Supply Chain will only succeed, if:

• They are obtained from the key personnel operating in the field
• And are communicated to the right persons, who are proper decision makers.

Explanation of Solution

Given information: The dynamics involved in the Supply Chain can lead to adverse costs and poor customer service.

An effective supply chain management strategy can aid your organization in offering an effective productivity for your organization. Some of the major advantages of an efficient supply chain management strategy are:

• Better quality, improved productivity and increased profitability
• Intelligence to the Supply Chain operations
• Optimum utilization of resources through recognizing the constraints

Since, the supply chain may contain various organizations forming a network, the goals and objectives of the companies involved differ across four major segments:

• Measurement
• Time Frame
• Focus
• Specificity