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Supply Chain Management 1

Supply Chain Management

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Title: Supply Chain Management

Essay Details:

Subject: Business

Author: William W

Date: March 14, 2014

Level: University

Grade: A

Length: 5 / 1469

Essay text:

An effective demand management system uses any available data to reduce uncertainty and provide efficient flow throughout the supply chain. Marketing requirements and production plans should be coordinated on a corporate level, so that multiple vendors are not delivering the same products for different prices to each hotel location. Instead, cost savings can be found in consolidation of orders. Supplier relationship management is the process that defines how a hotel interacts with its suppliers. As the name suggests, this is a mirror image of guest relationship management, because a hotel needs to foster relationships with its suppliers too...

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