Demonstrate your understanding of the concepts, as well as how these concepts will affect your thinking and practice in the future.

• How can an SCM add value to an organization? Supply chain Management systems can increase profitability across an organization.
• Are there cost-effective SCM solutions for small businesses?Inventory control, manage shipping costs.
• How would a small-business, large business with operations within a small part of one country, and a large international business have different needs for an SCM?
• A small business and large business with a small part of one country
• How has globalization over the last 30 years impacted the use and value of SCM?We have access to new markets, reduced costs, lower labor, and more materials.
• How would a small-business, large business with operations within a small part of one country, and a large international business have different needs for an SCM?

these concepts will affect your thinking and practice in the future.

Compare SCM and CRM from an IT manager's perspective:

• What problems do SCMs solve for an IT department and for a business? What problems do they create for an IT department?
• What problems do CRMs solve for an IT department and for a business? What problems do they create for an IT department?
• How do SCMs and CRMs impact a business and its IT operations differently?
• Is an IT manager's involvement in the setup of SCMs and CRMs different? Is it different for day-to-day management of the two software tools?

Answer rating: 100% (QA)

Supply Chain Management SCM plays a crucial role in adding value to an organization by optimizing the flow of goods services and information from the point of origin to the point of consumption Heres ... View the full answer