From the e Activity, determine which best practices can be applied to the greatest number of small businesses. Explain your rationale
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- Today, we are living in a highly competitive world where every business has to struggle to survive in the market. So in this process, supply chain management plays a very important role in meeting the demand of the companies and the customers by receiving and sending the raw material and finished goods to their desired destinations. In technological advancement edge, generally, all the companies are use ERP or other software for their supply chain management process. But in actually, there are four major areas which is focused by small business. These areas are plan, source, make and deliver. First the companies plan their activities in terms of demand forecasting, inventory management, identify the required sources for the raw material and finally after making the product, the...
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Published On:
07/07/2019
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07/07/2019
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