Question: QUESTION 1 (30 MARKS) Supply Chaim Management (SCM) can be understood as a network of retailers, distributors, transporters, storage facilities and suppliers who take part
QUESTION 1 (30 MARKS) Supply Chaim Management (SCM) can be understood as a network of retailers, distributors, transporters, storage facilities and suppliers who take part in the production, delivery and sale of a product that convert and move the goods from raw materials to end users.Based on the above assertion, realize the following: (a) Identify any five (5) key technological tools that can enhance the SCM business processes [5 marks] (b) Discuss in detail how each of the key technological tools identified in (a) above can be applied in a transport and logistics business. In your discussion include the following points: (25 marks) - How the tool can be applied to a transport and logistics business - Potential benefits and drawbacks - Examples of such tools that are found in the present market.
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