Supply chain management $3$ QUESTION ONE $[20]$

Today, companies cannot guarantee competitiveness for their products and services on their own. The entire supply chain contributes to success. No longer are individual companies in competition, but entire supply chains. With the promise of a long$-$term win$-$win situation for each individual participant, companies can be persuaded to become part of a supply chain.

To increase profitability, companies used to divide the various work steps between their employees. Today, global organizations divide the various tasks in the value chain amongst each other. The sub$-$products travel gigantic distances. Nevertheless, the companies can manufacture more quickly and more cheaply than a single company could. In this way, integrated planning can open up new markets. However, the companies become dependent on each other. These business relationships require closer cooperation and a more intensive exchange of information. With this regard,

Comprehensively discuss ONLY five $(5)$ essential focus areas that a business$-$like Coca Cola should consider assisting in making logistics and supply chain strategies more manageable.