Question

The key question in strategic supply management is: how can first tier suppliers contribute to the buying organization's objectives and strategy? how can supply and the supply chain contribute effectively to organizational objectives and strategy? how can first, second, third- and subsequent tiers of suppliers contribute to the buying organization's objectives and strategy? how can the supply manager develop a network of suppliers around a central customer? how can supply strategy be kept separate from and equal to organizational strategy?

Answer 1

The key question in strategic supply management is: how can supply and the supply chain contribute effectively to organizational objectives and strategy? Strategic supply management refers to the supply chain strategy and how people within the organization can keep the management focus solely on what is best for the business and their processes. It's important to make sure all organizations are working together to complete objectives.