What is meant by the phrase “supply chain security, especially on a global basis, is a balancing act”?
Answer to relevant QuestionsWhy are ports so important for global supply chains? How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each? Why do some firms choose not to use the services of 3PL firms? Discuss the role of information in the supply chain and how it supports supply chain planning and execution. Discuss the relative advantages of best-of-breed software versus supply chain suites.
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