Why is supply chain management important?

Answers were Sorted based on User's Feedback



Why is supply chain management important?..

Answer / zh khan

Supply chain management is important to full fill the demand arise in market at appropriate time.
SCM also having important role to control the price in market

Is This Answer Correct ?    4 Yes 0 No

Why is supply chain management important?..

Answer / chaitanya

Two main reasons – money and opportunity. In the US about 10 percent of gross domestic product, or almost $1 trillion, is spent on supply chain activities. Advances in information technology (IT) and the expanding IT infrastructure are introducing new possibilities to improve service and efficiencies, and given the amount of money at stake, the opportunities are high. Some people view the IT tools that underlie supply chain management as the backbone of e-commerce.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Supply Chain Management Interview Questions

differentiate between quotation analysis and quotation enquiry

0 Answers  


Why do want to join our organization? 2)what value add will bring to the table?

0 Answers   Dalmia Group, Pepsi,


What is logistics?

3 Answers   Gati,


Why is supply chain management important?

2 Answers  


what is difference between supply chain and logistics

0 Answers  






Is there a typical career path in SCM?

1 Answers  


Do you manage supply chain risk?

0 Answers  


whats KPI and kinds of KPIs

0 Answers   Tesco,


What your expectation salary

0 Answers  


What challenges do companies face as they try to improve SCM?

1 Answers  


What kinds of jobs (and salaries) are available for SCM graduates?

1 Answers  


What is a supply chain?

1 Answers   Exxaro,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)