Algorithms and SCM models based on past demand,supply,and business cycles are adequate to effectively manage the supply chain.

Question

Quizplus · Accepted Answer

While algorithms and SCM models based on past data can be a helpful tool for supply chain management, they are not always sufficient. Factors such as unexpected supply chain disruptions or shifts in consumer demand can impact the effectiveness of these models. As such, it is important to regularly review and adjust supply chain strategies to ensure they remain viable and effective in the face of changing conditions.

Algorithms and SCM Models Based on Past Demand,supply,and Business Cycles