supply chain strategy does not have to focus on competitive Advantage for the entire chain because it is too involved true or false

Question

Gilberto Parks

Social Studies

14 November, 23:14

supply chain strategy does not have to focus on competitive Advantage for the entire chain because it is too involved true or false

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Answers (1)

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Keaton Dyer · Answer 1

False

Explanation:

I think if a company wants its supply chain to be efficient then it should focus on the entire supply chain rather then just focusing on one part of the supply chain.

Starting from the suppliers the products bought should be good quality wise if the company wants to provide a quality end product to its customers. After that lead time management (how long it will take the product to reach the company) and inventory accuracy (a company should always be aware of its inventory accurately) is also very important.

After the product is manufactured Freight Saving (on time delivery of the products) and COGS (spending as low money as possible to sell the product to the end customers) should also focus on competitive advantage.

All parts of a supply chain should be very efficient in order for a company to achieve competitive advantage if only one part is not working properly it will effect the whole supply chain and the competitive advantage the company is trying to achieve.