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BUS 307 Ashford University Operations Management & Quantitative Questions

BUS 307 Ashford University Operations Management & Quantitative Questions

Question Description

I’m working on a management discussion question and need an explanation and answer to help me learn.

https://www.forbes.com/sites/forbestechcouncil/2019/02/01/creating-real-value-for-your-customers/?sh=6ce6865738b2 (Creating Real Value For Your Customers article) and https://www.supplychaindive.com/news/charts-supply-chains-q1-2021-inventory-e-commerce-warehouse/598005/ (9 charts show the highs and lows of supply chain in Q1)

Answer the following questions:

What is supply chain management?

What observations do you have on supply chain management and its relationship to different businesses?

Refer to the article 9 Charts Show the Highs and Lows of Supply Chains in Q1

How does your organization or one you are familiar with define and create value?

  • Why is it important to focus on value creation versus simply solutions and service?
  • For these two questions, refer to the article Creating Real Value for Your Customers. 

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