IDOL mumbai university supply chain management logistics important question

   M.COM SEMESTER – IV (CBCS) BUSINESS STUDIES (MANAGEMENT) SUPPLY CHAIN MANAGEMENT LOGISTICS   Q.5 Explain in detail forecasting in SCM and the need for the same in business. ANS: Forecasting is the process of making predictions based on past and present data. Later these can be compared (resolved) against what happens. · For example, a … Read more

M.com semester 4 mumbai university supply chain management logistics important question

  M.COM SEMESTER – IV (CBCS) BUSINESS STUDIES (MANAGEMENT) SUPPLY CHAIN MANAGEMENT LOGISTICS Q.4 Explain the concept of organizing in SCM in detail. ANS: Organizing includes developing a structure for the people, positions, departments, and activities within the firm. Managers can arrange the structural elements of the firm to maximize the flow of information and the … Read more