$8$ Question: ASSIGNMENT $1.$v$4$: THE SUPPLY CHAIN IMPROVEMENT MODEL Improving a company's operations and supply chain is an ongoing job. New...

ASSIGNMENT $1.$v$4$: THE SUPPLY CHAIN IMPROVEMENT MODEL Improving a company's operatic and supply chain is an ongoing job. New ways to make things, to move goods, and to interact wi customers, along with a myriad of other opportunities, become available. The challenge is determining where the operations and supply chain managers should focus. Some changes will result in less objective improvements like the quality of a material finish, or a change in the shape a product. Other improvements can be evaluated analytically such as speeding the delivery proce or reducing the failure rate of a part. One uniform criterion that can be used is the financial impac a potential improvement. This is the focus of The Supply Chain Imfrovement Model $($SCIM$).$ The ability to evaluate the potential financial impact of an OSCM change is the goal of the SCIM. For a public company striving to improve profitability for its shareholders, the ability to predict this impe is important. Using this approach to evaluate a decision is probably not new to you, but a fresh emphasis on how OSCM influences