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About Strategic Fit and Responsive Vs Efficient Supply Chains
The document discusses achieving strategic fit between a company's competitive strategy and its supply chain strategy. It explains that the goal is to maximize overall supply chain surplus by efficiently meeting customer needs at low cost. Strategic fit requires that customer needs, supply uncertainty, and supply chain capabilities are well understood so the supply chain strategy supports the competitive strategy. The appropriate level of responsiveness is determined by implied demand and supply uncertainty, and roles in the supply chain are assigned to ensure this level is achieved cost-efficiently.
Detailed Information
| Author: | ['Neeraj Sharma'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 40 |
| Language: | English |
| Format: | |
| Price: | FREE |
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