Supply Chain Efficiency

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Description

Supply Chains may be efficient but not always effective. Why is it important to create a balance of efficiency and effectiveness in the supply chain?

Write a 700- to 1,050-word paper that does the following:

  • Identifies two areas within your supply chain that are efficient but not effective.
  • Explains changes that can be implemented to maintain efficiency and improve effectiveness.

Format your paper consistent with APA Guidelines.

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Explanation & Answer

Attached.

Outline

Introduction
Body
Conclusion
References


Running Head: EFFICIENCY AND EFFECTIVENESS IN SUPPLY CHAIN

Balance of Efficiency and Effectiveness in Supply Chain
Student’s Name
Institution’s Name

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BALANCE OF EFFICIENCY AND EFFECTIVENESS IN SUPPLY CHAIN

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Balance of Efficiency and Effectiveness in Supply Chain
Question 1
Supply chains are multifaceted and can be critical points for competitive advantage.
Sometimes the supply chains become efficient (Pratt, 2018). This makes the managers of
such chains assume that they are also effective. However, efficiency of a supply chain does
not mean that it is effective. There are factors that can make this possible. Firstly, it can occur
in the scenarios that organization pays more attention to the improvement of internal
processes while gives less concern to the needs of the stakeholders or the customers.
However, the main cause of this is the relationship between the two concepts. In essence,
organizational efficiency refers to the internal standard of performance and implies whether
the resources are being used in the best way possible while effectiveness is an e...


Anonymous
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