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The goal during the supply chain operation phase is to exploit the reduction of uncertainty and optimize performance.
Supply Chain Operation
The oversight and management of all activities involved in producing and delivering a product or service, from sourcing raw materials to delivering the product to the end user.
Uncertainty Reduction
The process of decreasing the amount of uncertainty and variability in supply chain management through better planning, forecasting, and communication.
Optimize Performance
The process of making something as effective or functional as possible, often through careful adjustments or improvements.
- Understand the importance of exploiting reduced uncertainty and optimizing performance during operation phases.
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Learning Objectives
- Understand the importance of exploiting reduced uncertainty and optimizing performance during operation phases.
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