Strategic supply chain management defined
What value is added by the following? Rates in terms of
“high”, “low” or “none” and explain:
1) Executive Management defines company strategy and
allocates resources to achieve it.
2) Supply Management coordinates the upstream supply base,
finding the right suppliers and building the right relationships with them.
3)Operations transforms the inputs acquired from suppliers
into more highly valued products.
4)Logistics moves and stores materials so they are available
when and where they are needed.
5) Marketing manages the downstream relationships with
customers, identifying theri needs and communicating to them how the company
can meet those needs.
6) Human Resources designs the systems used to hire, train
and develop the company’s employees.
7) Accounting maintains business records that provide
information needed to control operations.
8) finance acquires and controls the capital required to
operate the business.
9) Information Technology builds and maintains the systems
needed to capture and communicate information among decision makers.
10) Research and Development (R & D) is responsible for
new product design.
I have attached your response which contains 683 words and 5
references.
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