The last decision phase is Supply Chain Strategy

To understand customer’s demands, market research should be done

Businesses should make one plan

Planning must be systematized

Supply Chain Strategy aims to minimize uncertainty and to optimize performance.

Company gain is more important than Customers

All the strategic decisions are taken by the higher authority or the senior management

Supply chain design phase is considered successful if it performs well in long-term planning

Decision Phases are consists of only 2 phases

The objective behind this decisional phase is minimizing uncertainty and performance optimization

This phase includes it all, starting from predicting the market demand to which market will be provided the finished goods to which plant is planned in this stage

It is very important to study the market conditions at this stage

This is defined as the different stages involved in supply chain management for taking an action or decision related to some product or services

This should be done in order to meet customers’ demands

This phase is also called Long Term or Strategic Level

This phase is also called Medium Term or Tactical Level

This phase is also called Short Term or Operational Level

Decisions made in this stage considers the prevailing and future conditions of the market

All the ___________ involved with the company should make efforts to make the entire process as flexible as they can