Success Factors

Question 1

Differentiate supply chain management from other similar concepts, such as logistics management or supply management. Then, using an organization that you know well (for example, a company you work for or one that you buy products from), create a diagram identifying the supply chain. Your diagram should include at least twelve steps. Identify and discuss three critical success factors of your supply chain (the things that make it effective and efficient).

How can supply chain management benefit society? Use the diagram you created to illustrate and support your response.

Question 2

Choose an article from a professional supply chain journal that focuses on Procurement Strategy

Write a 500- to 700-word summary of the article to include how the article content relates to your current organization’s procurement practices. Ensure your address what your organization can do differently based on the article. If no improvements are required, please address the world-class practices being used compared to the article. 

Format your paper according to APA standards