CHAPTER 11
Supply Chain Planning and Strategies
‘There is no ‘perfect’ strategic decision. One always has to balance conflicting objectives, conflicting opinions and conflicting priorities. The best strategic decision is only an approximate—and a risk.’
—Peter Drucker
11.1 INTRODUCTION TO TOPIC
Strategic management consists of a set of decisions and actions resulting in the formulation and implementation of strategies designed to achieve the objectives of an organization. It involves taking decisions about the product’s location (site of manufacture site of warehouse, etc.), organization’s structure—decisions that determine the survival of the organization in the short and long term. It starts with strategic diagnosis and culminates in new ...
Get Supply Chain Management in Pharmaceutical Industry by Pearson now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
