9a- Supply chain management

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Last updated 8:52 PM on 5/27/26
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6 Terms

1
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What are the objectives of supply chain management?

To maximise customer value and achieve a sustainable competitive advantage.

2
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List down why supply chain management is important

  • Improves operations

  • Manage increasing transportation costs

  • Handle competitive pressure and globalization

3
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How does an information system facilitates SCM?

Allows supply chain partners to coordinate long-term plans and control the day-to-day flow of goods.

4
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What are the Elements of Supply Chain Management?

  • Integration

  • Operations

  • Purchasing

  • Distribution

5
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What are the Obstacles to Global Chain Transactions?

  • Increased documentation

  • Ever-changing international regulations

  • Limited shipping infrastructure

6
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What are the Disadvantages of Globally Sourced Goods

  • Longer lead times due to shipping

  • Reputational risks

  • Fluctuations in exchange rates

  • Loss of control