What is the most important concept managing a supply chain

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1. Most firms have limited budgets for information technology capabilities. How would you identify and prioritize business opportunities to make advantage of IT? How would you decide when/if to upgrade your current IT practices or systems? If you have been involved in these decisions, please describe the process, if it was successful, and what would have made it better.

2. Information systems can be used to "connect" the internal workings of a firm and/or "connect" external partners in a supply chain. Which of these two initiatives represents the greatest challenge? Why? Given how you identify the "why" here--- what would you need to do to be successful?

3. It is often stated that today's workers need to be computer savvy or literate to survive in today's business market. Given what we have discussed this semester, how would you gauge the importance of having computer skills for personal and professional growth? How far can you go without the basics?

4. What is the most important concept that you have learned this semester about managing a supply chain? How will/have you be(en) able to put that knowledge to use in your personal/professional life?

Reference no: EM13722370

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