Unit: Supply Chains

User Generated

icnggl127

Business Finance

ctu online

Description

write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions with your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Supply chain strategy includes a long-range plan for the design and ongoing management of all supply chain decisions that define the structure, function, facilities, and priorities of the supply chain. Competitive priorities differentiate companies from their competitors to gain competitive advantage.

  • Discuss the building blocks of supply chain strategy, and detail the elements of each.
  • How does the supply chain strategy support the business strategy?
  • What are competitive priorities, and how do they help supply chain organizations gain competitive advantage?

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Explanation & Answer

Attached.

Running Head: SUPPLY CHAIN STRATEGY

Supply Chain Strategy
Name
Professor
Institution
Course
Date

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SUPPLY CHAIN STRATEGY

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Blocks of Supply Chain Strategy
Introduction
Supply chain can be defined as a multiple of commerce entities directly or indirectly
connected by at least one or more of the upstream and downward streams flow of products,
services, finances and information from a source to a customer (John, 2001) A number of
strategic pillars enable this work.

PLANNING
This is the base block function, which involves policy formulation and goal setting,
always handled by the top management of the organization, simplified by the mid-management
and finally actualized by at operational leve...


Anonymous
Very useful material for studying!

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