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Through improved financial strategies and data management, the supply chain of a company can improve their customer experience, business efficiencies and overall financial performance. By collecting data, improving customer intimacy, establishing financial strategies, and through the use of analytics, organizations can embark on new opportunities and stronger financial futures. Complete the following:
Discuss why it is important for an organization's supply chain to include the management of their data and financial strategies by answering the following questions:
What types of supply chain tools help a company collect data? Please describe two types of tools.
How does supply chain management help a company to improve efficiency and effectiveness?
How does contract bidding improve a company's financial outcome?
Why is forecasting demand important?
Extend your analysis of the ATM machine queuing system (from the problem above) as follows: The original problem had an arrival on average "one every other minute", i.e. on average 120 seconds apart. Evaluate the system characteristics for the follow..
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From the e-Activity, analyze the role that customer service plays and determine the service management skills at Zappos.
According to the Census data, what was the estimated value of total inventories of the motor vehicles and parts dealers (NAICS code 441)
Imagine that your customer base is located in North America and your suppliers are located in China. Is it possible to implement lean supply chain management.
A vending machine dispenses hot chocolate or coffee. Service time is 25 seconds per cup and is constant. Customers arrive at a mean rate of 57 per hour
Identify how communities affect individuals in ethical dilemmas (case studies, corporate social responsibility, etc.)
Analyze Joe Thomas's decisions and results, and then write the report that Sally is requesting.
The US military has a formal structure with advanced planning capabilities and centralized controls. However, the military of most other countries have strong autocratic controls. Include objectives to create increased value, reduced risks, and reduc..
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