Understand Lean and Agile Supply Chain strategies. This video takes you through lean and agile supply chain strategies. It describes each and also describes a hybrid. This is a high […]
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Efficient and Responsive Supply Chain Strategies Listen what Walton College has to say about supply chain strategies. Efficient Supply Chain Strategies An efficient supply chain strategy is one that focuses
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Peter Drucker Quotes -“Father of Modern Management.” Peter Drucker is often called the “father of modern management” for his pioneering work on topics such as knowledge workers, decentralized decision-making, and
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What is a Competitive Advantage? Competitive advantage refers to the unique advantage that a company has over its competitors that enables it to create and deliver value to its customers
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What is Supply Chain Postponement Strategy? Supply chain postponement strategy is a approach to managing the flow of goods and materials through a supply chain in which final product customization
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The Balanced Scorecard – Simple explanation. The critical characteristics that define a Balanced Scorecard include: a focus on the strategic agenda of the organization/coalition concerned; a focused set of measurements
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What is an Agile Supply Chain Strategy? An agile supply chain is flexible and responsive and is able to quickly adapt to changing conditions and customer demands. Agile supply chains
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What is Production Planning. End To End Supply Chain Management Process Production planning is the process of organizing and coordinating the various activities and resources needed to produce a product
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What is SWOT Analysis? Definition and How to Do a SWOT. SWOT analysis is a strategic planning tool that helps organizations to identify and analyze the internal and external factors
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Bullwhip Effect: How Sudden Demand Increases Affect Supply Chains. This video will demonstrate how sudden demand impacts supply chains. Panic buying due to the coronavirus has caused major ripples in
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