CHAPTER 5
Supply Chain Management
CRITICAL QUESTIONS
After going through this chapter, you will be able to answer the following questions:
- What do you understand by the term “supply chain management"? What are the elements of a supply chain?
- Will the structure of a supply chain have any impact on its overall performance?
- What do you mean by the bullwhip effect? What causes the bullwhip effect in supply chains?
- What are the metrics for assessing supply chain performance?
- How can an organization design supply chains for innovative and functional products?
- What is the role of third-party logistics in a supply chain?
A supply chain includes the chain of entities involved in the planning, procurement, and production and distribution of products ...
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