Question No 49:
Evaluating strategic options SAFE?
- Suitability e.g. SWOT analyses and mission statement.
- Feasibility e.g. skills, core competences, finance and resources to achieve option
- Acceptability e.g. level of risk and financial return acceptable to stakeholders
- Economic
Question No 48:
Strategic Supply chain management IT to facilitate greater integration of supply chain?
- Bar coding
- Electronic tagging
- Materials Requirement Planning (MRP I)
- Route masters
- Electronic Data Interchange (EDI)
- Extranet e.g. internet based EDI.
- Computer Aided Design (CAD)
- Electronic Funds Transfer (EFT) systems.
Question No 47:
Strategic Supply chain management the three elements of supply chain management?
- Responsiveness
- Reliability
- Relationships
Question No 46:
Strategic Supply chain management Supplier sourcing strategies
- Single sourcing e.g. source from one supplier only.
- Multiple sourcing e.g. source service from many suppliers simultaneously.
- Delegated sourcing e.g. purchasing decisions are outsourced.
- Parallel sourcing e.g. a combination of two or more of the above.