Operations and Supply Chain Management
14th Edition
ISBN: 9780078024023
Author: F. Robert Jacobs
Publisher: MCG
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Question
Chapter 16, Problem 1DQ
Summary Introduction
To explain: The recent changes that have caused
Supply chain management:
It is the management of the flow of goods and services. Supply chain management is a broad area that covers everything from the production process to product development.
Expert Solution & Answer
Explanation of Solution
The recent changes that have made supply chain management more importance are:
- The pressure of competition from other firms.
- The elevation of product quality is given a higher level of importance.
- International marketing and purchasing.
- The increase in trends towards selecting long-term single source of suppliers.
- The varieties and ranges of products are rapidly changing and the speed at which the product reaches the market is essential.
- The growth of supplier development.
- The life cycle of products has shortened making knowledge and control of inventories as a necessity.
- Technologies like just-in-time have changed the relationship with the suppliers at which the focus is on reducing the inventory.
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Chapter 16 Solutions
Operations and Supply Chain Management
Ch. 16 - Prob. 1DQCh. 16 - Prob. 2DQCh. 16 - Prob. 3DQCh. 16 - Prob. 4DQCh. 16 - Prob. 5DQCh. 16 - Prob. 6DQCh. 16 - Prob. 7DQCh. 16 - Prob. 8DQCh. 16 - Prob. 9DQCh. 16 - Prob. 10DQ
Ch. 16 - Prob. 1OQCh. 16 - Prob. 2OQCh. 16 - Prob. 3OQCh. 16 - Prob. 4OQCh. 16 - Prob. 5OQCh. 16 - Prob. 6OQCh. 16 - Prob. 7OQCh. 16 - Prob. 8OQCh. 16 - Prob. 9OQCh. 16 - Prob. 10OQCh. 16 - Prob. 11OQCh. 16 - Prob. 12OQCh. 16 - Prob. 13OQCh. 16 - Prob. 14OQCh. 16 - Prob. 15OQCh. 16 - The McDonald’s fast-food restaurant on campus...Ch. 16 - Prob. 17OQCh. 16 - Prob. 1AECh. 16 - Prob. 2AECh. 16 - Prob. 3AECh. 16 - Prob. 1PECh. 16 - Prob. 2PECh. 16 - Prob. 3PECh. 16 - Prob. 4PECh. 16 - Prob. 5PECh. 16 - Prob. 6PECh. 16 - Prob. 7PECh. 16 - Prob. 8PECh. 16 - Prob. 9PECh. 16 - Prob. 10PE
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