According To The Video “supply Chain Reaction,” What Is “the Bottom Dollar Of The Supply Chain”?

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If you are looking for according to the video “supply chain reaction,” what is “the bottom dollar of the supply chain”? ? Then, this is the place where you can find some sources that provide detailed information.

according to the video “supply chain reaction,” what is “the bottom dollar of the supply chain”?

What is a supply chain?

A supply chain is a connected system of organizations, activities, information and resources designed to source, produce and move goods from origination to a final destination—typically from a supplier to an end customer. Modern supply chains are often very complex, spanning multiple countries and involving many steps.

How do students explore supply chains?

Students explore supply chains by identifying a supply chain process for a candy bar from raw materials to the end consumer. 1. Introduce the concept of a supply chain. Explain to students that a supply chain is a network of people and activities that help move a product from start to consumption by the end user.

How does supply chain analytics work?

Analytics represent the ability to make data-driven decisions, based on a summary of relevant, trusted data, often using visualization in the form of graphs, charts and other means. Supply chains typically generate massive amounts of data.

What are the steps in the supply chain management process?

Between each of these steps, several activities need to take place, including: Documentation, contracts and other information that define expectations throughout the supply chain Physical movement of goods from one location or organization to another Onward logistics and distribution of goods to the end customer

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