Solved: What is meant by the term value in a supply chain, Operation Management

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What is meant by the term value in a supply chain

Discussion:

1. Value Chain

Explain what is meant by the term "value" in a supply chain. How can it be best measured in a supply chain? How does increasing value in a supply chain help align supply chain operations to the business mission?

2. Supply Chain Risk

All supply chain activity involves some degree of risk. Identify six potential sources and causes of risk in global supply chains. Research the University library to find support for counter measures for each of the six risks you identify. Document those sources.

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