Question: (b) Explain why it has been argued that the term supply chain should be replaced with demand chain, and equally the word chain should be

(b) Explain why it has been argued that the term supply chain should be replaced with demand chain, and equally the word chain should be replaced with network

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Define the term process integration and explain the role and importance of process integration in supply chain management. Explain why process integration is difficult to achieve. Describe the supply...

Q:

QUESTION 21 Consumer products are those bought by consumers or businesses to be used and consumed in their homes, offices, or factories. True False 1 points QUESTION 22 Person who buys cloth from...

Q:

QUESTION 21 Consumer products are those bought by consumers or businesses to be used and consumed in their homes, offices, or factories. True False 1 points QUESTION 22 Person who buys cloth from...

Q:

Which of the following is a primary objective of operations management? a ) Maximizing sales revenue b ) Minimizing production costs c ) Expanding the product line d ) Increasing market share What is...

Q:

What is the main goal of process improvement in operations management? a ) Reducing employee turnover b ) Increasing customer satisfaction c ) Maximizing shareholder wealth d ) Minimizing...

Q:

a. Explain the four stages involved in developing a segmented supply chain strategy b. Explain the FIVE distinct management processes in the supply chain operations reference model (SCOR). c) Explain...

Q:

SUPPLY DISRUPTIONS AND GLOBAL COMPETITIVENESS With the increasing sophistication of supply chains, organizations are finding it difficult to attain a constant flow of materials, cash and information...

Q:

SUPPLY DISRUPTIONS AND GLOBAL COMPETITIVENESS With the increasing sophistication of supply chains, organizations are finding it difficult to attain a constant flow of materials, cash and information...

Q:

CHA P TER 9 Understanding Software: A Primer for Managers 1. INTRODUCTION L E A R N I N G O B J E C T I V E S 1. Recognize the importance of software and its implications for the rm and strategic...

Q:

The current issue and full text archive of this journal is available at www.emeraldinsight.com/0957-4093.htm IJLM 17,3 Realities of supply chain collaboration 312 Tilburg University, Tilburg, The...

Q:

Write a paper on Quality analyst which should include: Plan: Include a description of all the planning activity that has taken place may include agendas or other manuscripts as appropriate. Action:...

Q:

Compute the area bounded by the two arcs and tangent in Problem 24.24.

Q:

What is the portion of net income that a firm revents in itself

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...