Most organizations use a single framework or a combination of frameworks to develop supply chains.
Using the Internet, research frameworks for developing supply chains.
Then respond to the following:
- What is a supply chain? What are some potential benefits of managing the supply chain?
- What are the key factors that help an organization decide what type of framework they should use to develop the supply chain?
- What would be the impact on the development process if an incorrect framework is used? Discuss your reasoning by providing examples.
- Describe the three types of value (supply) chain frameworks and explain which one you think is the best. If possible provide a visual illustration or representation. Why do think your chosen framework is best? Justify your explanation.
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