Understanding Supply Chain Management in Your Business Strategy It\'s now time f
ID: 3680740 • Letter: U
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Understanding Supply Chain Management in Your Business Strategy It's now time for you to consider supply chain management (SCM) and SCM systems within the context of business strategy. Prior to answering the following questions, pick any organization you wish and prepare a one-page summary of who it is, it's primary customers, and how it attempts to differentiate itself in the market. You are free to choose any organization that provides products to its customers. That is, stay away from organizations that primarily provide services such as financial service firms, insurance firms, and the like. Good candidate organizations may include Microsoft. Coca-Cola, Nordstrom, Wal-Mart, and the like. Above-the-line versus betow-the-line: In what ways could your organization use its supply chain management system to support above-the-line initiatives? In what ways could your organization use its supply chain management system to support below-the-line initiatives? Porter's Five Forces Model: In what ways could your organization use its supply chain management system to (1) reduce buyer power as a supplier. (2) reduce supplier power as a buyer. (3) reduce the threat of substitute products or services, and (4) reduce the threat of new entrants? Value Chain: Within your organization, would supply chain management be seen as a support value process or a primary value process? Please Justify your answer.Explanation / Answer
if we are handlinga ny organisation we have to compete with other organisations and also profit based.
the quality of the product which increases the demand of the product whereas the optimied path that which is responsible for profit.
how to know that which is the best suitable or optimized path ???
to know these we come up with Bellman–Ford algorithm and Dijkstra's algorithm
see when we have great demand and then we definitly have high requirement of transport to supply to meet all the demands.
the working algorithm explain how to caliculate the shortest path of this problem where nodes are city names and distance is specified as line with length.
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