Asked by
Riece Givens
on Oct 18, 2024Verified
A company's supply chain strategy determines the nature of procurement and transportation of materials as well as the manufacture and distribution of the product.
Supply Chain Strategy
A plan for managing all the resources that go toward meeting customer demand for a product or service, from sourcing raw materials to delivering the final product.
Procurement
The process of obtaining goods or services, often involving tendering or bidding, to fulfill organizational needs.
- Fathom the imperative of aligning a company's competitive strategy with its supply chain management strategy.
Verified Answer
JT
Learning Objectives
- Fathom the imperative of aligning a company's competitive strategy with its supply chain management strategy.
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