Supply Chain Management

Supply Chain Management

Why in in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies? Define the parties involved directly and indirectly in supply chain and their role for smooth runn

Critical Thinking

The purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities.

Use Saudi digital Library (SDL) search engine.

Search Title: New Approaches to Supply Chain Management Concept. Logistics Integration of “Hub and Spoke” Model.

Authors Name: MINCULETE, Gheorghe; OLAR, Polixenia

Source: Valahian Journal of Economic Studies. 2014, Vol. 5 Issue 2, p21-32. 12p.

Read out the research paper carefully and based on your understanding you should answer the following questions.

Questions:

  1. Why in in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?
  2. Define the parties involved directly and indirectly in supply chain and their role for smooth running of business?

The Answer should be within 2- 3 pages in length including the cover and appendices.

You can take any company of your choice as an example reference should be included.

Answer preview

  1. Why in the current modern trade, the integration of economic affairs from design to completion is an important priority to every Manufacturing Companies?

In the modern market, there is a lot of information coming from various supply chain entities. This information is important in the decision-making process of all operational processes in manufacturing. That is why a manufacturing organization needs to prioritize the integration of economic activities. Manufacturing companies make goods available for customers through designing, planning, production, and distribution…

(700 words)

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