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Supply chain management is the integration of activities that procure materials and services, transform them into intermediate goods and final products, and deliver them to customers. The production, distribution, and sale of both goods and services are bound by constraints in demand, supply, capacity, capability, and a myriad of other parameters.
In this assignment, consider the strategic implications of how an organization produces and interacts with its partners, customers, and suppliers.
How can an organization optimize supply chain management to improve results and remove obstacles? Support your answer with two current examples
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Sara’s Deli is famous for their delicious cupcakes and Sara purchases the cupcakes from a local bakery. The demand for the cupcakes is 400 per month. A cupcake costs Sara $5 to purchase from the bakery, and the inventory holding cost is for Sara 15%...
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