Question: please do explain thoroughly accordingly to the numbered questions. Question 1 A lack of supply chain coordination occurs either because different stages of the supply

please do explain thoroughly accordingly to the numbered questions.

please do explain thoroughly accordingly to the numbered questions. Question 1 "A

Question 1 "A lack of supply chain coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages is delayed and distorted. Different stages of a supply chain may have conflicting objectives if each stage has a different owner. As a result, each stage tries to maximize its own profits, resulting in actions that often diminish total supply chain profits." Source: Adapted from Mangan (2016). (a) Critically analyse the above extract and determine the impact that this phenomenon has on an organisation. (Marks: 30) (b) Based on your views, criticize FIVE of the possible reasons for the occurrence of the situation in the above extract. (Marks: 30) Question 2 "A trust-based relationship between two stages of a supply chain includes the dependability of the two stages, and the ability of each stage to make a leap of faith. Trust involves a belief that each stage is interested in the others' welfare and will not take action without considering their impact on the other stages. Cooperation and trust within the supply chain help improve performance" Source: Adapted from Mangan (2016). Elaborate on the above statement and propose your views on the benefits that can be derived from the relationship described and the barriers that affect this process. (Marks: 30) Reference list Mangan, J. (2016). Global Logistics and Supply Chain Management. 3'd Ed. United Kingdom: Wiley Publishers

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!