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Author Question: Describe the different flows in a supply chain network. What will be an ideal ... (Read 76 times)

Garrulous

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Describe the different flows in a supply chain network.
 
  What will be an ideal response?

Question 2

In the parallel implementation approach, the new ERP system is operated concurrently with the competition's.
 
  Indicate whether the statement is true or false



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k2629

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Answer to Question 1

One view of the supply chain is that it supports different flows to meet customer demand. The most obvious flow is the movement of materials from suppliers to customers. Less obvious is that there are financial flows and information flows that go along with each movement of material in the chain. Coordinating the flow of all three between the various supply chain partners adds considerable complexity to it but also provides more opportunities for making the supply chain more effective and efficient.

Answer to Question 2

FALSE




k2629

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