Need help with my Business question – I’m studying for my class.
write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions with your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Supply chain strategy includes a long-range plan for the design and ongoing management of all supply chain decisions that define the structure, function, facilities, and priorities of the supply chain. Competitive priorities differentiate companies from their competitors to gain competitive advantage.
Discuss the building blocks of supply chain strategy, and detail the elements of each.
How does the supply chain strategy support the business strategy?
What are competitive priorities, and how do they help supply chain organizations gain competitive advantage?