PART 1 - APPLICATION (60) Read the insert below and then answer the questions that follow: In today's highly competitive marketplace, it's imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Additionally, through a more stable and efficient supply chain, you can greatly enhance customer satisfaction and retention. Select an organization you are familiar with and answer the following: Area of Supply Specific focus area Mark allocation Chain Management With the aid of modern technologies, you can create better visibility within your supply chain, which will enable you to have Supply Chain more control over your business and stay ahead of the Technology competition. Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Discuss: 1.1 The factors that affect your organization's supply chain technology 1.2 Examine the use of technology in your supply chain in respect of: 1.2.1 Collaborative Product Commerce 1.2.2 e Procurement 1.2.3 Electronic Data Interchange Customer Service 1.4 The often-told story that "finding a new customer costs five times as much as keeping and old customer" is one of the motivations behind customer relationship management. Customer relationship management (CRM) becomes necessary as soon as an organization finds a market and customers for its products or services. Elaborate on how your organization manages CRM and what CRM tools are used in your supply chain. Total Part 1 60 Marks are awarded for the application of knowledge. Simply providing theory or submitting organization's documents would be insufficient. You must demonstrate that learning has taken place. For the purposes of this assignment, you may leave out the name of the organization so that any information provided will be treated in the strictest confidence. PART 1 - APPLICATION (60) Read the insert below and then answer the questions that follow: In today's highly competitive marketplace, it's imperative for businesses to innovate new ways to streamline their supply chain and optimize productivity. Additionally, through a more stable and efficient supply chain, you can greatly enhance customer satisfaction and retention. Select an organization you are familiar with and answer the following: Area of Supply Specific focus area Mark allocation Chain Management With the aid of modern technologies, you can create better visibility within your supply chain, which will enable you to have Supply Chain more control over your business and stay ahead of the Technology competition. Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs. Discuss: 1.1 The factors that affect your organization's supply chain technology 1.2 Examine the use of technology in your supply chain in respect of: 1.2.1 Collaborative Product Commerce 1.2.2 e Procurement 1.2.3 Electronic Data Interchange Customer Service 1.4 The often-told story that "finding a new customer costs five times as much as keeping and old customer" is one of the motivations behind customer relationship management. Customer relationship management (CRM) becomes necessary as soon as an organization finds a market and customers for its products or services. Elaborate on how your organization manages CRM and what CRM tools are used in your supply chain. Total Part 1 60 Marks are awarded for the application of knowledge. Simply providing theory or submitting organization's documents would be insufficient. You must demonstrate that learning has taken place. For the purposes of this assignment, you may leave out the name of the organization so that any information provided will be treated in the strictest confidence