Chapter Summary 15,17,18

May 5th, 2015
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In Chapter 15, the supply chain concept exists as a means to enhance the ability of a firm to develop and maintain strategic advantages in a competitive marketplace. The benefits of supply chains extend beyond the operational dimensions of lead time, quality, and flexibility to the strategic and financial areas.

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Chapter Summary 15,17,18Chapter SummaryChapter 15In Chapter 15, the supply chain concept exists as a means to enhance the ability of a firm to develop and maintain strategic advantages in a competitive marketplace. The benefits of supply chains extend beyond the operational dimensions of lead time, quality, and flexibility to the strategic and financial areas. Supply chains, if properly structured, can effectively combine the core competencies of a given firm with the skills and capabilities of its suppliers. However, to be strategic, supply chains must be driven by marketing strategie

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