Supply Chain Management
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:
- 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 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
- 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)