This topic contains a solution. Click here to go to the answer

Author Question: How would you distinguish between the following terms: alignment; relationships; and ... (Read 25 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
How would you distinguish between the following terms: alignment; relationships; and collaboration

Question 2

In the pre-purchase phase, marketers want customers to be aware of their brand and consider it for purchase.
 a. True
  b. False
 Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Answer to Question 1

A distinguishing characteristic of successful supply chains is the ability to achieve alignment between people, processes, and technologies that are essential to the planning and operational aspects of supply chains. Essentially, alignment refers to a commonality of functionality and purpose that reinforces accomplishment of supply chain goals and objectives.

Three example types of alignment are highly relevant to supply chain management.
 Supply chain and organizational strategies. Organizational success requires that the strategies, plans, and functioning of the supply chain are aligned with those of the overall organization.
 Supply and demand. Principally within an individual organization, alignment between supply and demand will help to maximize the extent to which products and services are available to customers when and where they are needed, and to minimize waste and inefficiency of resources throughout the supply chain.
 Supply chain and trading partners. Going beyond the boundaries of an individual organization, there are significant benefits to making sure that the organization, its suppliers, and customers are aligned.

Many organizations have directed significant attention toward working more closely with supply chain partners, including not only customers and suppliers but also various types of logistics suppliers. Considering that one of the fundamental objectives of effective supply chain management is to achieve coordination and integration among participating organizations, the development of more meaningful relationships throughout the supply chain has become a high priority. Also, collaboration is viewed as a principal strategy to achieve alignment, and is closely related to the pursuit of effective relationships.

As suggested by the late Robert V. Delaney in his Eleventh Annual State of Logistics Report, relationships are what will carry the logistics industry into the future. In commenting on the current rise of interest in e-commerce and the development of electronic markets and exchanges, he states, We recognize and appreciate the power of the new technology and the power it will deliver, but, in the frantic search for space, it is still about relationships.. This message not only captures the importance of developing logistics relationships but also suggests that the ability to form relationships is a prerequisite to future success. Also, the essence of this priority is captured in a quote from noted management guru Rosabeth Moss Kanter who stated that being a good partner has become a key corporate asset; in the global economy, a well-developed ability to create and sustain fruitful collaborations gives companies a significant leg up..

Answer to Question 2

True




JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 28, 2018
Great answer, keep it coming :)


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library