What are the key factors when designing products or services for optimal supply chain efficiency? How does product design affect supply chain sustainability? Process Technology: How can advances in process technology increase manufacturing efficiency in a supply chain? What role does automation play in improving process technology within operations? Enterprise Resource Planning (ERP): What are the main benefits of implementing an ERP system in supply chain management? How does ERP software facilitate data integration and decision making across operations? JIT/Lean Production: Explain the principle of just-in-time (JIT) production and its impact on inventory management. What are the main differences between JIT and Lean production systems? Linear programming: How is linear programming used to optimize resource allocation in operations and supply chain planning? Provide an example of a real-world problem that can be solved using linear programming in supply chain management. PERT (Program Evaluation and Review Technique): What is the purpose of PERT in project management, and how does it relate to supply chain projects? How can PERT be used to identify critical paths in supply chain processes? 

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1 Product Design for Supply Chain Efficiency Designing products with standardized components can simplify manufacturing and inventory management Consi... View the full answer