Best explains major benefit of visibility technology

Assignment Help Business Management
Reference no: EM133621239

Question

Five years ago, PlastiPharm implemented a supply chain visibility system, which allows the company and its customers to see where product and parts are at any given time. It took time, however, to train employees to use the bar code scanners every time product was in transit. It also took time for PlastiPharm's suppliers and carriers to buy into the technology, but the system has now been successfully implemented and is fully operational. Which statement best explains a major benefit of visibility technology? Supply chain visibility technology allows for quick change to take place and for demand to redirect supply to where it is needed most. Indicating where products and parts are located at any given time allows the company to better manage the labor force that handles the items. Managing information is common now for all companies, and having visibility technology indicates to customers that the company is progressive. The company found that advertising it has a supply chain visibility system is the best way to attract new customers.

Reference no: EM133621239

Questions Cloud

Stuck with little opportunity for growth : When your career appears to be stuck with little opportunity for growth, the authors recommend that you over deliver on performance
Devine brown opened devines carpet cleaner : Devine brown opened Devines carpet cleaner on march 1 during March the following transactions were completed
Identify the perceived benefits and consequences resulting : Identify and describe a specific public health issue. Identify the perceived benefits and consequences resulting from the legislation supporting your public hea
How does company manage foreign currency transaction risk : How does the company manage foreign currency transaction risk? Which method does the company use to translate foreign currency financial statements?
Best explains major benefit of visibility technology : Which statement best explains a major benefit of visibility technology? Supply chain visibility technology allows for quick change to take place
Deliver the difference to each station directly : You contacted an engine oil retailer to provide extra Green Oil and asked the retailer to deliver the difference to each station directly.
Submit a draft of the inventory management and benchmarking : Submit a draft of the inventory management and benchmarking sections of the project (Sections II and III respectively), including all critical elements listed.
Applying organizational development techniques : Applying organizational development (OD) techniques to management problems is an essential skill because the primary task of leadership is to manage change
Why do bubbles and bursts occur in financial markets : Why do bubbles and bursts occur in financial markets? You need to focus on the rationality of investors the availability of information to different categories.

Reviews

Write a Review

Business Management Questions & Answers

  What are the key points to managing it employees

What are the key points to managing IT employees, and what is the best leadership style for managing them?

  Explain government health restrictions due to covid

Also, consider government health restrictions due to Covid and moving back to on site events. Provide options for food allergies and dietary restrictions.

  Little leapers playground equipment

Little Leapers Playground Equipment has outgrown its current facility, and wants to relocate to a venue with more space.

  How federal and state legislation protects information

How federal and State legislation protects information privacy and the obligations imposed on businesses and governments?

  Find the solution and how to write out the actual equation

We went over it in class and I am so confused as the steps to find the solution and how to write out the actual equation you type into your calculator.

  Why free cash flow is more important than net income

For an investor's perspective, explain why free cash flow is more important than net income.

  What can the employer do to maximize

What can the employer do to maximize their chances of hiring women instead of losing out on that talent pool?

  Act of disloyalty to the organization

Whistle-blowing is considered an act of disloyalty to the organization, colleagues and superiors. Do you agree with this statement? Explain with appropriate exa

  Opponents of incentive pay programs

Opponents of incentive pay programs argue that these programs manipulate employees more than seniority and merit pay programs? Discuss your views

  Research continuous glucose monitoring devices

Research continuous glucose monitoring devices (CGMD) and how they've helped with accessibility and quality of life issues for those with diabetes.

  What is the actual cost of sales

a. What is the actual cost of sales? b. If the restaurant had $80,000 in sales, what is the food cost percentage?

  Creation of the job description

How does job analysis supports the creation of the job description?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd