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From course:

GCSE Business 2020-2022 OCR

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Question:

What happens in a Effective Supply Chain?

Author: eric_galvao



Answer:

-Planning: Making sure you have the Right Quanity of Products to establish a Secure Profit -Procurement: Best Suppliers = Best Value for Best Quality Materials -Communication: Making sure you are Updated with the Suppliers and Logistics can ensure no Delays or Waste [Almost, Human Error still Exists] -Removal of Waste: Alllowing Quality Assurance or Just in Time can allow Lower Costs and Greater Quality for Production -Reviewing: Making sure you have the most Updated Transport Routes can mean the Most Efficient Route.


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