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changes to a supply chain

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1) What independent variables should you consider when recommending changes to a supply chain, and why?

2)How do marketing or customer service practices influence the supply chain?

3) Compare and contrast operations management with supply chain management.

Each answer must be 75-100 words each, no more. Answers can be brief within word count limitations. No references required.

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What independent variables should you consider when recommending changes to a supply chain, and why?

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1) What independent variables should you consider when recommending changes to a supply chain, and why?

Some of the most important variables affecting changes to a supply chain are:

Increase Level of Trust among the vital links or components in the supply chain, such as suppliers,manufacturers, dealers, etc. in order to ensure proper coordination and collaboration among these interrelated components. Trust is a critical factor fostering commitment among supply chain partners. The presence of trust improves measurably the chance of successful supply chain performance. A lack of trust among supply chain partners often results in inefficientand ineffective performance as the transaction costs (verification, inspections and certifications of their trading partners) mount.

Information sharing among the components should be appropriate for perfect functions of the supply chain. Insufficient exchange of information can become an hindrance in the introduction of changes in the supply chain. Information sharing ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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