Question: According to Simchi - Levi et al . ( 2 0 0 9 : 1 5 3 ) in modern supply chains, information replaces inventory.

According to Simchi-Levi et al.(2009: 153)in modern supply chains, information replaces inventory. The
phrase can be interpreted as the changes brought about through the abundance of information in the 21st
century. The importance of information cannot be overstated as it is a vital element in decision making.
Discuss the different characteristics which information must possess in order to support effective decisionmaking

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