Which of the following opportunities should your company prioritize? (Lummus and Vokurka, 1996; Hicks, 2007)
Increasing warehouse capacity
Invest in new inventory management software
Expand warehouse to be close to venders
Streamline storage and handling practices
Focus on volumes and economies of scale
How would you rate the likelihood of the following SCM threats occurring in your company? (Riley et al., 2016)