Why is scm important 4 Study guides, Class notes & Summaries
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SCH4801 Assignment 3 (COMPLETE ANSWERS) 2024 (248097)- DUE 7 October 2024
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SCH4801 Assignment 3 (COMPLETE ANSWERS) 2024 (248097)- DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Read the following and answer the questions that followed. 
The following question was posted to an AI Tool on 6 July 2023: Describe and discuss eight supply chain management challenges in the South African public sector. 
Answer by the AI Tool: 
SCH4801/assignment 03/2024 
Supply chain...
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SCH4801 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED
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Well-structured SCH4801 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Read the following and answer the questions that followed. 
The following question was posted to an AI Tool on 6 July 2023: Describe and discuss eight supply chain management challenges in the South African public sector. 
Answer by the AI Tool: 
SCH4801/assignment 03/2024 
Supply chain challenges in the South African public sector can significantly impact the efficient...
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SCMN 3150 TEST 1 LATEST VERSION GRADED A+
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SCMN 3150 TEST 1 LATEST VERSION 
 
GRADED A+ 
 
SCM in 4 Words 1.) Plan 
2.) Source 
3.) Make 
4.) Deliver 
 
What is SCM? -The "art" of managing the flow of materials and products, information, and 
financial resources from the source to user 
• Suppliers → Manufacturers → Distributors → Retailers → Consumers 
• Not a science because consumers don't always act rationally 
 
Who is the most important participant in the Supply Chain? -Consumer 
• If there is no demand from the cu...
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SCMN 3150 Brian Gibson test 1 Questions and Answers Rated A+
- Exam (elaborations) • 32 pages • 2024
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SCMN 3150 Brian Gibson test 1 
Questions and Answers Rated A+ 
 
What is Supply Chain Management? the art of managing the flow of materials, products, 
information, and financial resources from source to user. 
 
Why is SCM important? (4) It provides valuable opportunities to create competitive 
advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. 
drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction 
 
Competitive adv...
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SCMN 2150 Brian Gibson test 1 Questions and Answers Already Passed
- Exam (elaborations) • 14 pages • 2024
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SCMN 2150 Brian Gibson test 1 
 
Questions and Answers Already Passed 
 
What is Supply Chain Management? the art of managing the flow of materials, products, 
information, and financial resources from source to user. 
 
Why is SCM important? (4) It provides valuable opportunities to create competitive 
advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. 
drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction 
 
Competi...
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SCMN 3150 Brian Gibson test 1 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 32 pages • 2024
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What is Supply Chain Management? 
: the art of managing the flow of materials, products, information, and financial 
resources from source to user. 
Why is SCM important? (4) 
: It provides valuable opportunities to create competitive advantage: 1. develop 
collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs 
and achieve tremendous efficiencies 4. improve customer satisfaction 
Competitive advantage: 
: requires delivering more value and satisfaction t...
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SCMN 2150 Exam 1 Questions and Answers Graded A+
- Exam (elaborations) • 13 pages • 2024
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SCMN 2150 Exam 1 Questions and 
 
Answers Graded A+ 
 
What is a supply chain? a collection of organizations, people, activities, information, and 
resources 
 
who is involved in the supply chain? customers, retailers, manufacturers, and suppliers 
 
what is supply chain management? All the activities that take place to get a product in your 
hands from the time of raw materials to final product 
 
Why is SCM important to companies? SCM helps companies outpace the competition 
(better, faster, ...
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Updated SCMN 3150 Brian Gibson test 1 || A+ Verified Solutions.
- Exam (elaborations) • 10 pages • 2024
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What is Supply Chain Management? correct answers the art of managing the flow of materials, products, information, and financial resources from source to user. 
 
Why is SCM important? (4) correct answers It provides valuable opportunities to create competitive advantage: 
1. develop collaborative, trusting relationships 
2. rationalize product touch points 
3. drive out costs and achieve tremendous efficiencies 
4. improve customer satisfaction 
 
Why is SCM important to customers? correct ...
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SCMN 3150 TEST 1 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 16 pages • 2024
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SCM in 4 Words 
: 1.) Plan 
2.) Source 
3.) Make 
4.) Deliver 
What is SCM? 
: -The "art" of managing the flow of materials and products, information, and 
financial resources from the source to user 
• Suppliers → Manufacturers → Distributors → Retailers → Consumers 
• Not a science because consumers don't always act rationally 
Who is the most important participant in the Supply Chain? 
: -Consumer 
• If there is no demand from the customer, why would a product move through t...
-
SCMN 2150 Exam 1 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
-
- $10.39
- + learn more
What is a supply chain? 
: a collection of organizations, people, activities, information, and resources 
who is involved in the supply chain? 
: customers, retailers, manufacturers, and suppliers 
what is supply chain management? 
: All the activities that take place to get a product in your hands from the time of 
raw materials to final product 
Why is SCM important to companies? 
: SCM helps companies outpace the competition (better, faster, cheaper) 
essential activities in a supply chain 
...
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