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Importance of SCM to Wholesale/Retail Industry Discussion Topic Overdue - November 7 at 11:59 PM Instructions: Please answer the question in Part I and

 

Importance of SCM to Wholesale/Retail Industry Discussion Topic Overdue - November 7 at 11:59 PM Instructions: Please answer the question in Part I and then complete Part II. Starts Nov 1, 2021 7:30 AM Part 1 Please include the reference/citation for the external research that you used to support your points. You may use an SPC online academic article, reading material from our modules, or lecture material, but you must provide correct in-text citations and references. NO Internet sources. No quoted material - paraphrase everything. Your initial (original) discussion post must be at least 250 words. Your responses must be at least 150 words per response. Please review the following in preparation for the discussion. These are some issues you could discuss, but you are not limited to these areas: Dort 11 Supply Chain: All organizations, processes, and activities involved in the flow of goods from the raw materials to the final consumer. Supply Chain Management (SCM): Planning and coordinating the movement of products along the supply chain. Logistics: Part of supply chain management that focuses on the tactics involved in moving products along the supply chain (ex: transportation and distribution). Discussion Question: Why is supply chain management vital to the wholesale and/or retail industry? What changes are occurring in the industry that impact how products are developed and delivered to the end consumer? What impact did the pandemic have on logistics and supply chain management (as part of the wholesale/retail industry)? Please include specific examples. Answer the question fully.

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Answer The answer provided below has been developed in a clear step by step manner Step 1 Supply Chain Management SCM The Most Important Takeaways SCM is the centralised administration of the flow of ... blur-text-image

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