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Explain why each of these is critical for a successful supply chain operation: Integrated technology Information sharing Trust among trading partners Real-time information availability Event-response

  1. Explain why each of these is critical for a successful supply chain operation:
    1. Integrated technology
    2. Information sharing
    3. Trust among trading partners
    4. Real-time information availability
    5. Event-response capability
    6. Procurement
    7. Risk management
  2. Given the complexities and risks involved with supply chains, might it make sense for a business organization to vertically integrate and be its own supply chain?
  3. From a systems viewpoint, what are some of the environmental issues involved in a decision by a company to outsource manufacturing operations to a foreign country?

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Each of these elements plays a critical role in ensuring the smooth operation and effectiveness of a supply chain 1 Integrated Technology Integrated technology refers to the seamless integration of va... blur-text-image
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