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About CHAPTER 1 - Logistics The Supply Chain and Competitive Advantage
1. Supply chain management is broader than logistics as it seeks coordination between entities in the supply chain like suppliers and customers. The goal is to reduce buffers through information sharing. 2. Logistics and supply chain management can provide competitive advantage through cost leadership via efficient operations, or differentiation by meeting customer needs better than competitors. Achieving both is ideal. Reengineering logistics processes can significantly reduce costs. 3. Companies seek to move to the top right corner of a matrix - providing high customer value through differentiation, at low relative delivered costs. Effective supply chain strategies can help accomplish this.
Detailed Information
| Author: | ['Farah Hanim Shahruddin'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 52 |
| Language: | English |
| Format: | |
| Price: | FREE |
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