Question

strategic planning and financial planning group of answer choices should be performed sequentially during supply chain network design. should be performed independently during supply chain network design. should be combined during supply chain network design. should be performed concurrently during supply chain network design.

Answer 1

Strategic planning and financial planning group of answer choices should be performed sequentially during supply chain network design should be combined during supply chain network design.

Building and simulating a supply chain is the process of supply chain network design, which aims to better understand the costs and times involved in delivering items to market given the resources and locations at hand.It has been indicated by experts that the location of facilities and the movement of product between the facilities account for 80% of supply chain expenses, therefore a supply-chain network can be deliberately constructed in order to lower the cost of the supply chain. [4] Because a mathematical model can be developed to optimize the supply-chain network, supply chain network design is frequently referred to as "Network Modelling." [4]Investing in the tools and resources to construct an enhanced supply chain network design that takes into consideration tax legislation, new entrants into their market, and resource availability has led to more complicated network designs among businesses.

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