Chopra & Meindl: Supply Chain performance: Achieving Strategic Fit and Scope
3 important questions on Chopra & Meindl: Supply Chain performance: Achieving Strategic Fit and Scope
What is a supply chain strategy?
It determines the nature of procurement of raw materials, transportation, of materials to and from the company, manufacturer and distributer.
What are challenges to achieving and maintaining a strategic fit?
- Increasing product variety and shrinking life cycles
- Globalization and increasing uncertainty
- Fragmentation of supply chain ownership
- Changing technology and business environment
- The environment and sustainability
- Globalization and increasing uncertainty
- Fragmentation of supply chain ownership
- Changing technology and business environment
- The environment and sustainability
What are the implications of these challenges?
They have made it increasingly difficult for supply chains to achieve strategic fit. Overcoming these challenges however can provide one with tremendous opportunities to use supply chain management to gain competitive advantage.
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