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About Chapter 2: Achieving Strategic Fit in A Supply Chain
1. The document discusses achieving strategic fit between a company's competitive strategy and supply chain strategy. Competitive strategy defines how the company will satisfy customer needs, while supply chain strategy determines how materials and products will flow. 2. Strategic fit requires the goals of the competitive and supply chain strategies to be aligned. This involves each functional area supporting the overall strategies and processes being structured to execute the strategies successfully. 3. Three steps to achieve strategic fit are understanding customer needs and uncertainty, understanding supply chain capabilities, and ensuring the supply chain responsiveness matches the implied demand uncertainty. Tailoring the supply chain and using levers like capacity, inventory, time, information and price can help achieve a good fit.
Detailed Information
| Author: | ['Fidan Mehdizadə'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 6 |
| Language: | English |
| Format: | |
| Price: | FREE |
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