Business > CASE STUDY > Unit 7 Journall.docx MT435 Unit 7 Journal Purdue Global University MT435 Operations Man (All)

Unit 7 Journall.docx MT435 Unit 7 Journal Purdue Global University MT435 Operations Man

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Unit 7 Journall.docx MT435 Unit 7 Journal Purdue Global University MT435 Operations Management Supply Chain Management (SCM) is to exploit customer value and achieve sustainable competitive advan... tage. According to Taylor, 2019. Supply chain management Requires managing the flow of information through the supply chain to attain the level of synchronization that will make it more responsive to customer needs while lowering costs. I will discuss the following topic on SCM regarding Procurement, RFID, and Supply chain uncertainty. In SCM, without customers ordering the product, there will be no supply chain. It is called procurement. Procurement is where a business purchase good, usually in large amounts. Procurement purchasing goods and services from suppliers. Taylor, 2019. For example, if two parties agree on the goods and services, then procurement begins. Procurement is essential in business because that what keeps its companies gaining in profit. Technology has a significant impact on business; it helps track, transfers data, accountability, etc. Radio Frequency Identification (RFID) can send product data from an item to a reader via radio waves. Taylor, 2019. It helps in SCM because and RFID consists of a tiny microchip placed in a product. The RFID can be traced to track where it is located, time, where it has been, and continuous. In the global supply chain, RFID tags make it possible for suppliers or retailers to automatically know what goods they have and where they are worldwid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]

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