Question: 1. what do you understand by the concept supply chain? its main components using a named organisation as a reference point. 2.Explain the inportance of

1. what do you understand by the concept supply chain? its main components using a named organisation as a reference point.
2.Explain the inportance of integrating and harmonizing physical and information flows within a supply chain .
3.The Six Sigma methodology is been driven by some processes, which are used to stucture improvement projects in an organisation. Explain Six Sigma DMAIC Process and Key Outputs .
4.With reference to an Organisation you are familiar with, discuss how far the value chain concept is applied and in what ways this provides any current and/or potential sources of conmpetitive advantage ?
5. (a) From a procurement perspective, when do you apply lean,agile or leagile?
(b)In addition, what are the strategic and tactical decisions to ensure that the approach is viable ?

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