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Q. What are the elements of supply chain management?
The three elements of supply chain management:
• Responsiveness as an example how flexibly and rapidly supply can meet demand.
• Reliability delivers consistently and punctual.
• Relationships as an example develop high degree of mutual understanding and trust, frequently using single supplier sourcing strategies to attain this.
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Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping
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1. What are the steps in the method study procedure? Answer: Select, record, examine, develop, install, maintain.
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