Question

when designing a supply chain that meets customer requirements and aligns with strategy, what are the two goals that firms try to achieve? multiple select question. to be more efficient to be less connected to be more responsive to be more personalized

Answer 1

Designing a supply chain that meets customer requirements and aligns with strategy to be more effective to be more responsive.

What is supply chain?
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer. The importance of supply chain management can be seen in the reduced costs and improved productivity that come from an optimised supply chain. Companies work to enhance their supply chains in order to lower costs and maintain competitiveness. Each step taken to deliver a finished good or service to the customer is considered to be part of the supply chain. The process may involve obtaining raw materials, transferring them to the production stage, and then transporting the finished goods to a distribution facility or a retail location where the consumer may pick them up.

To learn more about supply chain
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