SEU University Supply Chain Management Processes Discussion

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Business Finance

Southeastern University

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Logistics Management


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Discussion questions 1 Bill Gates of Microsoft describes the 2000s as 'business @ the speed of thought. Dis- cuss the importance of speed in the supply chain. How can speed be increased within the supply chain? 2 Suggest logistics performance priorities for the following, explaining why you have come to your conclusions: a a low fare airline such as Ryanair; b a fast food chain such as McDonald's; c an overnight parcels service such as DHL. 3 What is meant by the term alignment in relation to supply chain processes? Why is alignment important in setting a strategy for a given supply chain? 4 What does flow mean in a supply chain context? Explain how material flow relates to information flow in a supply network.
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Explanation & Answer

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Running head: SUPPLY CHAIN MANAGEMENT PROCESSES
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Supply Chain Management Processes
Name
Institutional Affiliation

SUPPLY CHAIN MANAGEMENT PROCESSES

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Supply Chain Management Processes
Supply chain management ensures the steady flow of goods and services through the
transformation process of changing raw materials into finished products. It involves the dynamic
streamlining of business activities to exploit consumers’ worth to achieve a competitive
advantage in the market.
Question 1; Speed in the Supply Chain
Speed determines how fast new products are introduced in the market. With recent digital
developments, customers are increasing expecting shorter delivery times. Therefore, companies
should swiftly retort to fluctuating needs and necessities of the market. Speed is hence vital in
reacting to s...


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