time and logistics-assignment

Feb 3rd, 2012
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University of Phoenix
Course: Business and Management
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Why is time important to competitive advantage? Identify and explain six key contributions that speed can make to logistics and supply chain strategy. Document your sources.

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Why is time important to competitive advantage? Indentify and explain six key contributions that speed can make to logistics and supply chain strategy. Document your sources.Topic: Time And LogisticsStudent name:Instructor:Institution:Date of submission:Why Time Is Important To Competitive AdvantageTime is an essential part of competitive advantage. The way a company manages time in production, developing and introducing new products, marketing and distribution, determines whether that company will be ahead of its competitors. Time is a great strategic weapon and it's equivalent to productivity, money, quality, and innovation. Good time management has enabled many companies to offer wide product lines, reduce costs, enlarge their market share, and upgrade their products' technological sophistication (Stalk, 2010). How Speed Affects Supply Chain StrategySupply

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