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An operations strategy must consider the risk throughout the supply chain.

Operations strategy in supply chains must assume an ever-expanding and strategic role of risks that modern enterprises face when they operate in an interdependent supply chain environment. These operational and strategic facets entail a brand new set of operational problems and risks that have not always been understood or managed very well Supply chain risk management refers to the process by which retailers take strategic steps to identify, assess, and mitigate risks within their end-to-end supply chain. There are both internal and external risks that can disrupt your supply chain, so it's helpful to understand the difference between the two. External Supply Chain Risks Additionally, in many organizations the risk board will also make recommendations to improve the agility and resilience of the supply chain, ranging from reconfiguring the supply network, finding new ways of reducing lead times, or working with suppliers to help optimize their own operations. Increasing supply-chain agility can be a highly effective mitigation strategy for organizations to improve their preparedness for a wide range of risks Supply chain risk comes in many forms - from industry-crashing crises to supplier challenges. To manage it effectively, you need to assess it at every level. Supply risk can take many forms and can manifest anywhere in the supply chain process. So, to be effective, supply risk management must be built around a framework that evaluates and assesses risk at every level - from overall risk exposure across the value chain, right down to the individual supplier level

Supply Chain Games: Operations Management And Risk

Risk management in the supply chain has become increasingly important as companies both large and small seek to extend their global reach. Enterprises entering new markets often need to form new supplier relationships, engage with state-owned entities, and adapt to local laws and culture. The resulting complexity in the supply chain can mask a wide range of financial, regulatory, and legal risks Shippers must rethink risk management strategies to include all potential risks in the global supply chain and how they affect supply chain partners. The best-laid supply chain strategy is doomed without full risk assessment and management. Since benchmarking freight rates enables data-based decision making, it lends itself to better risk management

Using these five Supplier Risk Management Techniques is a solid starting point for building a supplier supply chain that can greatly contribute to your organization's overall ERM strategy. Obviously, this is only the tip of the entire supplier relationship management iceberg; however, it is a huge improvement over the typical methodologies used by far too many companies to manage supply. Supply chain diversity is essential for successful business operations, but it's critical that companies evaluate and understand the risk associated with current and potential suppliers in their.. Ability to integrate throughout the supply chain. Technology is an enabler, and a digital solution should introduce functionalities that span the entire supply chain, integrating multiple entities like suppliers, OEMs, shippers, warehouse centers, and customers. It should connect with all your other applications, including enterprise software, legacy systems, third-party applications, help. Corporations should look to optimize their carbon emissions strategy through scenario and sensitivity analysis and enhanced risk management for deep supply chain decarbonization. Intelligent, data-driven scenario analysis can future-proof your corporation and your supply chain, with a heightened understanding of your projected deep decarbonization pathways Companies must carefully consider the five supply chain disruption strategies mentioned above when developing risk management plans for global supply chains; no single strategy can prevent or minimize all of the potential disruptions that today's organizations may face. A company should carefully consider an approach that utilizes multiple strategies acting in concert to thwart these disruptions. When done effectively, employing supply chain risk mitigation strategies can be a.

10 Supply Chain Risk Management Strategie

across a company's entire global supply chain. Operational risks are tied to a company's internal product development, manufacturing, and distribution operations. Lean manufacturing, just-in-time inventory, and capacity rationalization have boosted supply chain efficiency and made businesses more agile and responsive. But by reduc Operational risk in the supply chain can occur even where the senior management believes they run a robust and mature supply chain which ticks all the audit boxes. Cost optimisation means that business decisions are made farther away from the core process and become slower as a result It could come at any time, too — so supply chain managers must always be prepared. Disaster can strike at any stage or level of the supply chain, so responsibility extends to logistics and procurement professionals. It takes a village to ensure supply chain resilience. Today's risks are so diverse, it can be tough to prioritize. In this spotlight series, Supply Chain Dive identified five types of supply chain risk, and some practical tips for mitigating them

A practical approach to supply-chain risk management

  1. Read more: 2 Best Practices for Rebooting the Supply Chain. To craft a multisourcing strategy, supply chain leaders must know their supplier networks in detail and be able to categorize suppliers not just by spend, but also by revenue impact if a disruptive event occurs. Diversification can be achieved by awarding business to additional suppliers or working with an existing single- or sole-source supplier that is able to produce out of several locations
  2. Supply chains are inherently susceptible to risky events. Earlier articles in supply chain management by Kraljic (1983) and Treleven, and Schweickhart (1988) stressed the importance to consider the risks arising from interconnected flows of material, information and funds in inter-organizational networks
  3. Management Hierarchy as Part of Supply Chain Strategy Supply chain strategy does not exist in isolation but rather throughout an organization in a management responsibility hierarchy, because it serves all levels of operations. It is important that every operations management professional understand how supply chain strategy underscores th
  4. Strategy No. 4: Align your supply chain with business goals by integrating sales and operations planning with corporate business planning. Business risks for companies have risen significantly in the last couple of years. From Brexit to tariff wars, leaders are facing a growing array of market uncertainties
  5. For supply chains to remain successful, they must maintain the flexibility to adjust based on organizational strategy, as well as adapt to external changes. APQC recommends that all partners within the supply chain understand the organization's strategic priorities. Planners should establish communication channels to convey strategic shifts such as new products, changed business models, new.
  6. Establish a center of gravity to bring coordination and coherence to supply chain security decisions. 2. Get better visibility throughout the network. Bring data and analysis together from across the whole network, including external parties. 3. Understand threats and weaknesses holistically. Put all the pieces together and expose previously.

The Four Levels of Supply Chain Risk - Global Trade Magazin

Another external risk for supply chain disruptions, governmental regulations and restrictions are quickly becoming a common hurdle companies have to overcome in their supply chain management strategy, especially as the global production network becomes more disparate and enters new and emerging markets. Taxations, trade restrictions, border controls, and labor laws are important elements planners and managers must address in crafting production and supply strategies. For example. The modern supply chain must evolve to meet new demands and supply chain challenges, and supply chain managers need to plan ahead to keep everything flowing smoothly. A combination of consumer expectations, more routes to market, international complexities and other factors creates significant challenges throughout the supply chain network Risks of supply chain finance for CFOs The naming ambiguity exposes all companies that use supply chain finance to the reputation and regulatory risks associated with the worst liquidity risk management examples in common use, says Cossio. Why? Because it's not clear to regulators and investors which kinds of supply chain finance involve just operating cash-flow adjustments — industry-standard payables and receivables adjustments — and which involve financing activity.

Risk Management in the Supply Chain Deloitte U

  1. First, there may be limited resources with which to invest in both capabilities. Second, there may be limited control over the environment in which a supply chain operates. The different manifestations of this lack of control in a supply chain require firms to consider the notions of supply chain resilience, risk, and uncertainty
  2. Risk mitigation in the supply chain must adhere to some important steps: identifying all elements of risk, evaluating their probability of occurrence, estimating the financial impact in the event of an incident, and prioritizing risks for appropriate monitoring and prevention measures. 10
  3. Firms may find synergies and competitive advantage through these strategies. The aim of the mission is to explore the link between sustainable development, global supply chain and the lean paradigm in the international changing competitive environment. Lean has long been linked to improve operational performance and environmental performance. The concern is to analyze how companies could.
  4. Manufacturing and supply chain planners must also deal with rising complexity. For many companies, this need means working harder to meet their customers' increasingly diverse requirements. Mobile-phone makers, for example, introduced 900 more varieties of handsets in 2009 than they did in 2000. Proliferation also affects mature product categories: the number of variants in baked goods.
  5. COVID-19: Preparing Your Supply Chain in Times of Crisis. During black swan events like coronavirus, a clear understanding of risk can help organizations establish the right plan in the face of the unexpected. Create contingency plans: Start with scenario-planning strategies for different demand environments
  6. There is always a human factor to consider in any supply chain activity. The knowledge, experience, capability and reliability of the purchasing and supply personnel in supply chain processes are critical risk factors . f. Processes i. Process risk is the risk of the supply chain processes being insufficient and causing inefficiency and unexpected losses. This includes execution errors due to.
  7. Supply-chain risk management integrates several previous or ongoing initiatives, including those for business continuity and supply-chain security. Supply-chain security-management systems seek to resist intentional, unauthorized act(s) designed to cause harm or damage to, or by, the supply chain (ISO 28000:2007). SCRM goes beyond this by not only seeking to address such acts but also to.

Top 10 Global Supply Chain Risks - Supply Chain Game Changer

Consider sustainable supply chain management. Successfully managing for sustainability requires a strategic mindset, involving numerous personnel and financial resources and a commitment from suppliers from first to lower tiers of the supply chain as well as consumers further up the supply chain. Departments must cooperate with other departments in their organization (e.g., purchasing and. First, we manage and minimise risk, by identifying and analysing potential sustainability risks throughout the supply chain in a risk management process. Since 2009, we have been asking suppliers to assess their sustainability management and related activities. Supplier production facilities that are at high risk of breaching sustainability requirements and facilities suspected of such a. When aiming to improve your operations and the supply chain, I've found it is better to crawl, walk and then run. After all, you wouldn't manually service a jet engine at 36,000 feet. The same is.

As a result, supply chain leaders should consider evaluating the sourcing of skills similarly to the way they source raw materials, warehousing, logistics, etc. The evaluation can be distilled into a make or buy decision. Where skills must be developed internally, attracting and retaining highly-skilled talent through dynamic experiences and constant challenges are key. Successful. Every business and organisation makes decisions whether to make or buy, based on their core competencies and strategy. Sourcing is therefore an integral enabler and often part of every touch point throughout a business. From customer experience through marketing, logistics, supply chain and procurement; all are key drivers of sourcing that. Your supply chain should be robust enough to withstand changing local, social and environmental demands while remaining agile enough to react to market shifts. This article explores some of the supply chain risks to expansion and provide strategic recommendations on how fine-tuning your supply chain can alleviate those risks. Risk Managemen

Supply chain participants must individually and collectively assess the probability of production-stopping events and their tolerance for risk, which must be balanced against the savings from increased sole-sourcing, tighter integration with remaining suppliers, and reduced inventories and production capacities. Thus, although good communications and resource sharing can be helpful in. operations, our supply chain and extend to the communities around us, are designed to drive positive change and build a more sustainable future through continuous innovation and collaboration. Combatting slavery and human trafficking are core to this agenda. As part of our current five-year responsibility strategy, we set ambitious goals for 2022, focused on addressing our most material social. Business leaders must act with conviction, even in an era of growing complexity, uncertainty, and disruption. These business leaders need clear, concise, well-informed perspectives on the important dynamics that are currently reshaping their business environments. Our global network of Strategy & Operations professionals draws on the strength of Deloitte's full suite of professional services.

Five Techniques to Manage Supply Chain Risk - Supply Chain

  1. imize risk, by identifying and analyzing potential sustainability risks throughout the supply chain in a risk management process [4] is stated on BMW's official webpage. In the book Procurement 4.0, the former Head of Indirect Purchasing at BMW talked about how the company is doing Procurement
  2. There has been consensus that logistics as well as supply chain management is a vital research field, yet with few literature reviews on this topic. This paper sets out to propose some hot issues in the current research, through a review of related literature from the perspective of operations management. In addition, we generate some insights and future research directions in this field
  3. Risk management must consider the impact of massively disruptive events, how they'll affect the supply chain, and what may be done to mitigate significant adverse effects. Recovery strategies require both agility and flexibility, which may seem more expensive in the short term, but will prove to keep supplies moving throughout and beyond the current — and next — high-impact global event.
  4. throughout the supply chain organization to regularly and proactively review risks, as well as mitigation plans. Δ Assessing risk at multiple tiers by mapping the entire supply chain network, not just top-spend components or first-tier contract manufacturers. Δ Training Juniper Networks employees co-located at vendor sites in security and continuity requirements so they become additional.

Supply chain risk management (SCRM) can be viewed as a strategic management activity in firms given that it can affect operational, market and financial performance of firms. Organizational efficiency and performance are enhanced when strategy to reduce uncertainty takes into account context and environmental realities Duncan, 1972). In the case of SRCM, context can be interpreted. The supply-chain solution to aid retailers' COVID recovery | McKinsey. How retail can adapt supply chains to win in the next normal. Retailers in consumer discretionary categories were already struggling in the US before COVID-19. Better supply-chain management could be critical to their recovery

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy Carolina Monroy Last Updated: October 10th, 2020 With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before greatest risk for their China organisation.2 C But in setting supply chain strategy, you'll need to look at three layers of cost: 1. Labour and material costs 2. Total supply chain costs 3. Taxation Labour and material costs have been, for many multinationals, the initial driver of supply chain considerations in China. Yet these low-cost benefits are eroding through a combination of cost.

How Organizations Need To Manage Supply Chain Risk Toda

Policymakers must also pay close attention to the mass confusion caused by the current rules and consider the effect these policies will have on long-term U.S. competitiveness. The cost of. importance of supply chain management, this subject area also covers deployment of supply chain strategies related to scheduling, planning, and sourcing. This supports the strategies and objectives established by the company, as constrained by lead time, cost, equipment, personnel, sustainability Diagnostic part Main topic Percentage of exam I Master Planning of 25% II Detailed Scheduling and. Any Supply Chain is made up of a combination of nodes, links, and the activities and processes which make it all work. All of these elements of the Supply Chain will drive the consumption of energy, natural resources, raw materials and the creation of waste. This in turn establishes a carbon footprint impact on the environment Companies must publish an annual modern slavery statement on actions taken to prevent modern slavery in their supply chains and their own operations. The act does not dictate what should be included in the statement, but a list of recommended information to disclose is provided, including (but not limited to) the organization's modern slavery-related policies, due diligence and remediation. Supply Chain Roadmap: This method maps out your entire system through in-depth research and analysis. It takes multiple variables into account and helps determine how your supply chain should run from the very beginning. It mostly emphasizes alignment, managing risk, value addition and metrics. Compare Leaders For Top Supply Chain Management Tool

Retail digital supply chain: Facing an omnichannel customer-driven landscape. Retailers today are facing a strong imperative in an increasingly customer-centric world: transform your supply chains or risk the possibility of becoming obsolete. The everything is convenient expectation of shopping is becoming an ever-increasing challenge for retailers to deliver upon, as customers. Supply chain KPIs can be used throughout the extended supply chain, or they can be limited to the company's own supply network. To define our supply chain KPIs, it is essential to first set the specific performance parameters required for tracking operations

In supply chain management today, it is widely accepted that effective upstream operations drive efficiency further down the supply chain — take, for instance, the degree to which suppliers are beginning to help customers reduce supply chain volatility through strategies such as vendor-managed inventories (VMI) and collaborative planning, forecasting and replenishment (CPFR) To succeed, supply chain operations and the business must maintain an active dialogue to plan production and align priorities so that they can allocate product if supply is constrained. Moreover, the business must agree to accept potential product shortages in certain markets—a necessary tradeoff to allow for the coexistence of cost and agility. For example, after its key primary-care. Combat disruption with a flexible operations model. Dave Plomin. May 11, 2021 Article 7 min read. Disruption is pressuring organizations to make often significant changes to stay competitive and profitable. Here are six ways to drive more flexible operations and, consequently, success. Tried-and-true business models are facing obsolescence, and. To get there, risk mitigation measures must be embedded with clear accountability throughout the chain from procurement to last-mile delivery. One way to develop these measures is to consider the resilience dimensions that need to be continuously strengthened within your operation - and where along the chain they need greater reinforcement

Generating Value While Restarting Your Supply Chain. en. News sources and public officials often talk about restarting the economy as if it were as simple as flipping a switch: Officials lift the stay-at-home orders, people swarm to their jobs, companies step on the gas and the economy roars back to life. If only it were that easy This condition is linked to the global nature of the company's supply chain and distribution network. As one of the biggest firms in the industry, Microsoft must continually develop relevant operations management approaches to address the 10 strategic decisions for maximizing performance and productivity. The 10 strategic decision areas of operations management (OM) are effectively covered.

Risk Management: Identifying, evaluating, and then choosing which risks to address first, with the goal of reducing overall risk in a supply chain. S&OP: Sales and Operations Planning is a management process that aligns its constituent parts to ensure that the organization is only focused on operations that improve sales Remember, your company may need to review its logistics strategy from time to time, as supply chains and supply chain priorities change. If your supplier base had been primarily located in the United States and Mexico, and now, because of a change in your supply chain, your suppliers are now primarily located in Asia, you'll need to review your existing logistics strategy

8 essential features of an effective supply chain

SUPPLY CHAIN DESIGN. Once the customer proposition is defined, retailers must look to their operations in order to deliver the offering effectively. E-commerce supply chains face challenges unlike anything faced by brick-and-mortar, for example volatile demand, small order sizes, returns, and remote customer contacts. However, there are. As a supply chain and operations manager you will have highly developed strategic abilities that ensure your business runs smoothly and maintains a competitive advantage. Our MSc will give you the broad skillset you need to excel in global management positions. You will study modules that develop essential management techniques including supply.

A company in a highly uncertain environment must prioritize adaptability over a more rigid and functional strategy. In contrast, a company in a mature market with limited variability and uncertainty should pursue more structure. A company with a low-cost strategy relative to its competition may benefit from a more simplistic and fixed structural approach to operations, while a company pursuing. The 787's Global Supply Chain. Selected components of the 787 Dreamliner and associated supplier locations. 1 Participating countries highlighted in blue. Additionally, as the political climate in the US continues to evolve under the new administration, Boeing must take a hard look at reducing its internal supply chain costs. Given President Donald Trump's efforts to retain more. No. 3: Include the supply chain in your response and remediation plan. Don't be overly confident: Just because you've done the pre-work in evaluating your vendors and monitoring your systems doesn't mean your network environments are risk free. In a recent study, 97 percent of long-tenured pharmaceutical executives think their companies. Relevant teams from their legal, supply chain and procurement teams must be included to ensure that all possible Brexit-related price increases across the enterprise have been considered. Crucial to the success of implementing any new pricing strategy are the IT enterprise resource planning (ERP) systems underpinning many pricing operations.

Online Supply Chain Management Program Courses. The 40-credit Master of Science in Supply Chain Management curriculum includes 10 courses consisting of 7 core courses and your choice of a 3-course graduate certificate in Global Leadership, Operations Management, Healthcare Management or Supply Chain Management Level 1 or 2. Core Curriculum Ranking third in the e-commerce sales lineup, preceded by Amazon at number one and Apple at number two, Walmart needed to redefine its order fulfillment footprint. As explained by Nick Foy of The Hill, Walmart now has announced plans to repurpose 10 of Sam's Club closing locations into e-commerce fulfillment.With an average footprint of 136,000 square feet being conducive to fulfillment, it.

Supply chain visibility technology helps resolve supply chain exceptions before they escalate into major problems to improve the performance of suppliers and carriers and reduce the number of delays and order errors that occur in the first place. It allows companies to: define key milestones in their order flow; define custom alerts so that those who need to know about an exception are. Supply chain resilience Supply chain risk exposure Geographic diversity Number of supply chain partners Length of supply chain Dependencies Degree/timeliness of data Exposure to trade risks Manufacturing complexity Stability of supply and customer bases Stability of labor pools Factors requiring investment Supplier alternatives Inventory buffer Agile training Security AI/predictive.

On Day 4 from the conference, we are highlighting how the pandemic has impacted cloud migrations, four must-do's to take control of storage infrastructure and data services, and how to create a modern workplace computing strategy. Be sure to check this page throughout the day for updates Managers can reduce risk by designing supply chains to contain risk rather than allow it to spread through the entire supply chain. The design of an oil tanker provides a fitting example of how good design choices can reduce fragility. Early oil tankers stored liquid cargo in two iron tanks linked together by pipes. But having two large storage tanks caused major stability problems; as the oil.

Supply Chain Decarbonisation: What Corporations Must Conside

May 14, 2015. Answer. In handling supply chain risk management,you are implementing a strategy to manage everyday and exceptional risks along the supply chain.This is continuous risk assessment. Supply chain risk management has now become an essential topic for supply chain management courses if for no other reason than to ensure that students are aware of the potential consequences of a significant supply chain disruption. Based on the current state of the literature on supply chain management pedagogy and the coverage in mainstream textbooks, however, instructors may have difficulty. the supply-chain strategy. It presents a model, based on the analytical hierarchy process (AHP), that an apparel company can use to select its suppliers, and create a strategy for supplier relationship management (SRM). The framework of the performance measurement is based on quantitative and qualitative measurements. 2. Supply Chain Management (SCM) A supply chain is characterized by the flow. The SCOR or Supply Chain Operations Reference is the product of SCC, the Supply Chain Council. The SCOR model helps companies to measure supply chain performance based on the below key aspects. Reliability: The SCOR model is used to achieve customer satisfaction through timely, nil damage and complete delivery of the product or service. Reliability is the key factor in determining brand. Indeed, the true pillars on which a supply chain strategy must be based on are those that enhance the resilience of supply chains as well as their performance in terms of efficiency and responsiveness. This new approach to supply chain strategy is not a kind of revolutionizing theory but a junction of several approaches to supply chain management that have been proposed over the last decades.

Disintermediation is an important issue in supply chain management. Companies must consider disintermediation as part of the larger supply chain design question. In their quest to meet the needs of demanding customers, companies have restructured, reorganized, and reengineered to increase organizational effectiveness and better satisfy key customers. The goal may be to build the very best. OMM 500E Supply Chain Risk Management (1.5) OMM 572 Lean and Six Sigma for Process Improvement (1.5) OMM 573 Operations Management in the Service Industry (1.5) OMM 559 Managing Global Business Process Outsourcing for Competitive Advantage (1.5) OMM 500F Advanced Topics in Logistics and Supply Chain Management (1.5) a pass/fail course, begins in the Fall semester OMM 554 Operations Analytics.

Given the proliferation of cloud networks, artificial intelligence, and increasing processing power, the opportunity for supply chain professionals to implement a digitalization strategy to transform their supply chain has never been more accessible. As a result, companies are rushing to bring together automation and data collection tools into a cohesive system that, alongside artificial. With an increasingly complex supply chain, extra diligence must be given to identification, tracking, inspection and management of parts throughout the supply chain to ensure the authenticity of critical parts and materials is not compromised. Lockheed Martin depends on you, our supply base, to be partners with us in our efforts to combat counterfeit part infiltration into our products. Tags: Supply Chain Management, Risk Management, Technology . Redefining Global Supply Chain Management . The traditional ways of managing the supply chain may have changed forever as COVID-19 brings heightened awareness of its fragility. Every shipper, carrier, and logistics manager appreciates there could be a significant paradigm shift for future sourcing and inventory management. While just.

Businesses must have a supply chain strategy that corresponds with their business strategy. Depending on how a business decides to compete with the market, their supply chain is what will ultimately support that decision. The supply chain is made up of different processes that work to create a product, these processes lay the groundwork for where a company decides to add value. The value chain. Abstract: In this paper, we consider fashion supply chain management through cost and time minimization, from a network perspective and in the case of multiple fashion products. We develop a multicriteria decision-making optimization model subject to multimarket de-mand satisfaction, and provide its equivalent variational inequality formulation. The model allows for the determination of the.

Supply chain management must also ensure a smooth flow of products in the reverse, facilitating a streamlined process for customers to return products to the company, as well as processes and procedures for restocking, refurbishing, or disposing of returned products. Flow of Information - Without real-time information, errors and delays are impossible to avoid throughout the supply chain. The supply chain manager needs to know the following about warehousing and distribution, which are covered in this chapter: • How to carry out the key warehousing activities of receiving, storage and shipping • How to plan warehouse space requirements and warehouse layout • The key components of inventory management • Issues to consider in positioning warehouse assets to optimize. Visibility and timeliness are key in risk management. Procurement must use the proper digital tools to maximize visibility throughout the supply chain, and leverage market intelligence data from multiple internal and external sources. 3. Act as a strategic advisor to the business. Organizations acting as trusted advisors leverage top talent to deliver consistency, agile behavior, and a deep. Global supply chains are becoming increasingly complex, as businesses juggle multinational suppliers and service providers, constantly shifting regulations, and more informed consumers demanding increased responsiveness and sustainability. This high level of complexity is a challenge for many organizations. It highlights the need for more transparent supply-chain networks to help mitigate.

5 Strategies to Protect Against Supply Chain Disruption

Marcelo Simiao, Lean Manager at Munters, discusses terrorism's impact on the global supply chain. The supply chain needs to be protected for many reasons — after all, it's what keeps food, medicine, and other critical goods flowing around the world. According to former U.S. Secretary of Homeland Security Janet Napolitano, As globalization brings nations closer together, we need to. Chapter 02 Operations and Supply Chain Strategy Answer Key Multiple Choice Questions 1. Corporate strategic planning involves decisions related to: A. What businesses should we be in? B. What specific product- and market-based initiatives and goals should we establish? C. What measures should we use to control strategic initiatives? D. All of these. Corporate strategic planning is very broad. Supply chain management is a frequently encountered phrase these days, as managers strive to improve factory performance. The trouble is that all too often the real meaning is lost. Instead, a casual observer might interpret the activities at the factory as evidence of an intensive effort to improve supplier management. Good supplier management, while praiseworthy, does not constitute good. a supply chain strategy that includes outsourcing, offshoring, or vertical integration. petitive priorities must guide its supply chain decisions. To get a better understanding of the importance of supply chain management, con- sider Figure 2.1 , which conceptually shows the challenges facing operations managers. The blue line is the performance curve (sometimes called the efficiency. During operations, Cyber Attacks and Supply Chain attacks are not easily differentiated. However: . For Supply Chain attacks pre-exploit actions (weaponize and deliver) happen in early acquisition phases. . This early established presence is difficult to detect at perimeter

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Yet the supply chain remains fragmented and incomplete, with weaknesses that put patients at risk, cost billions in value, and lessen the health-care sector's ability to take on the challenges it faces. (For more, see our video interview with McKinsey director Katy George on how improving the health-care supply chain will benefit companies across the industry.) Video . Rethinking health-care. 1. Introduction. Supply Chain (SC) has appeared for the first time in the literature more than thirty years ago when Oliver and Webber (1982) proposed the first definition for the management of such systems.Since then, the SC management (SCM) area has grown considerably at both research and industrial levels, and SC are nowadays bedrock systems in any organization Identify and classify supply chain risk and develop risk response plans; Improve communications throughout the supply chain; Develop a supply chain strategy aligned to you company's strategy; Help to design a supply chain; Optimize product design principles and techniques to get to market more efficientl

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