Question: Todays global supply chains management (SCM) are increasingly complex, making a datadriven approach to supply chain management a must. Data-driven SCM provides visibility from end

Todays global supply chains management (SCM) are increasingly complex, making a datadriven approach to supply chain management a must. Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Data isnt the only driver of effective supply chain management; other factors such as good vendor and supplier relationships, effective cost control, securing the right logistics partners and adopting innovative supply chain technologies make a big impact, too.

REQUIRED: Discuss four (4) foundations of supply chain management.

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