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Why in the current modern trade, the integration of economic affairs from design to completion is an important priority for every Manufacturing Companies?

ASSIGNMENT

The purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities.

Search Title: New Approaches to Supply Chain Management Concept. Logistics Integration of “Hub and Spoke” Model. Authors Name: MINCULETE, Gheorghe; OLAR, Polixenia Source: Valahian Journal of Economic Studies. 2014, Vol. 5 Issue 2, p21-32. 12p.

Read out the research paper carefully and based on your understanding you should answer the following questions.

Questions:

  1. A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer’s request. Explain with an imaginary Saudi manufacturing company. (300-350 words)- (5Marks)
  2. Why in the current modern trade, the integration of economic affairs from design to completion is an important priority for every Manufacturing Companies? (300-350 words)- (5Marks)
  3. Define the parties involved directly and indirectly in the supply chain and their role in the smooth running of the business? (300-350 words) -(5Marks)

 


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