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Beth Armstrong owns a sporting goods store for kids in a Northeastern town. When a 5 0 0 - unit order Beth places online goes
Beth Armstrong owns a sporting goods store for kids in a Northeastern town. When a unit order Beth places online goes awry, she meets with a senior account representative, Bill Schule, to resolve the issues. The interaction raises a wide range of issues pertaining to the retailer, the supplier, and the consumer.
Supply chain management refers to a set of approaches and techniques firms employ to: efficiently and effectively integrate their suppliers, manufacturers, warehouses, stores, and transportation intermediaries into a seamless value chain in which merchandise is produced and distributed in the right quantities, to the right locations, and at the right time; and minimize systemwide costs while satisfying the service levels their customers require. Inefficiency in the supply chain can lead to a variety of problems, including delayed shipments, higher prices, and dissatisfied customers.
Click the button to watch the video. Then, answer the questions that follow.
a In this scenario Beth represents the
In this scenario Beth represents the
Multiple Choice
supplier.
wholesaler.
retailer.
distributor.
consumer.
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