How have global factors come into play

Assignment Help Operation Management

Reference no: EM133650176

Question: In today's global markets, many companies source, produce, transport and sell products internationally. Firms seek to maximize potential sales, while minimizing costs and production/distribution time. In this environment, explain the strategic importance of the operations and supply chain management function.

Be sure to address:

How can a company use operations/supply chain management to make them more competitive?
Why is cost control so important with competing with other firms?
How have global factors come into play?

Reference no: EM133650176

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