State the short answer to this question. Name the four drivers of supply chain profitability. Discuss how
Question:
State the short answer to this question. Name the four drivers of supply chain profitability. Discuss how global information systems affect each driver. Explain how inventories represent waste, Summarize the effect that Henry Ford’s act of increasing his workers’ pay had on Ford auto sales. Explain how this same phenomenon pertains to Boeing acquiring major subsystems from manufacturers in Italy or to Toyota building autos in the United States. Explain how social media and Enterprise 2.0 affect international companies. Explain the meaning of the following sentence: “It’s possible that social media technologies are so culturally biased that they work only in the culture in which they originate.” Describe how this situation may create opportunities for businesses.
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