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    Operations Management - Supply Chain

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    Please answer the following questions.

    Generally speaking, who manages a supply chain?

    How should/would the focal point be determined?

    How can the members of the chain be convinced to allow the chain to be managed by one organization?

    Who's willing to give up autonomy in the name of the greater good?

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    Solution Preview

    Step 1
    The most powerful business manages the supply chain(a). For example, Wal-Mart manages its supply chain. It has the strength, financial power, and large volume of purchases to actively manage its supply chain. Similarly, large manufacturers such as Ford Motor Company manage their supply chain. They ensue that they have a sufficient amount of inventory to make sure that their production does not stall because of low inventory.
    Step 2
    The focal point is determined by the most powerful member of the supply chain. The focal point is performance from the perspective of the most powerful member of the supply chain. For example, in case of Wal-Mart the ...

    Solution Summary

    This solution explains how a company develops and controls its supply chain. The sources used are also included in the solution.