Problem
A Supply chain strategy includes a long-range plan for the design and ongoing management of all supply chain decisions that define the structure, function, facilities, and priorities of the supply chain. Competitive priorities differentiate companies from their competitors to gain a competitive advantage.
1. What is a supply chain strategy?
2. How does the supply chain strategy support the business strategy?
3. How can supply chain professionals utilize a supply chain strategy to gain a competitive advantage?
Points to consider to be included in explaining the above questions:
1. What are the five building blocks of supply chain strategy?
2. Define or describe each building block
3. any examples?