What is supply chain management, and what are its ...

[Jipu 123]

What is supply chain management, and what are its benefits?

Question 2

Jasper Electronics, Inc (JEI)
 
  Jasper Electronics, Inc, is an electronics manufacturer that creates circuits for various electronic products. Currently, the company has eight locations. It prides itself on its fast production process.
 
  Ross is the newly appointed head operations manager of the company-and he is hoping to contribute to the company in a meaningful way. Ross has decided that there are several aspects of the production process that need to be changed or improved. One such aspect is quality control. He also wants to do some research to decide whether the company is moving in the right direction. In addition, he wishes to learn what other successful firms focus on so he can implement this knowledge at JEI.
 
  Refer to Jasper Electronics, Inc If JEI management were to explore the possibility of using its products in different ways, what types of research and development activities could they engage in?
 A) Quality control
  B) Applied
  C) Flexible
  D) PERT
  E) Core

[lolol]

Answer to Question 1

Supply-chain management is a long-term partnership among channel members working together to create a distribution system that reduces inefficiencies, costs, and redundancies while creating a competitive advantage and satisfying customers. Supply-chain management encourages cooperation in reducing inventory costs, transportation, administration, and handling. Supply-chain management also speeds order-cycle times and increases profits for all channel members.

Answer to Question 2

B

[Jipu 123]

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