Supply Chain Technology Strategy
After the last report, the owners of Stone Horse Supply Company, John and Michael, have contacted you regarding some information in which they did not understand. They explain to you over the phone that they do not understand the need to modernize the company's flow regarding its suppliers as part of a new supply chain strategy. They have requested that you prepare a presentation for them discussing the supply chain-wide technology strategy that supports multiple levels of decision making. They have also requested that you give a clear view of the flow of products, services, and information.
- What is the supply chain-wide technology strategy that supports multiple levels of decision making?
- Explain the clear view of the flow of products, services, and information.
- What is the role of cycle inventory in a supply chain management strategy?
- What is the role of safety inventory in a supply chain strategy?
- Explain the economies of scale to exploit fixed costs in a supply chain strategy.
- Research and explain a company that has used a supply chain-wide technology strategy that has supported the multiple levels of decision making.