Supply Chain Risk Management and Controlling MWCH02_E

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10 Questions

Where did Mr. Stütz receive his doctorate?

FernUniversität in Hagen

In which organizations did Mr. Stütz hold various positions during his professional career?

UPS Germany and Fraunhofer Institute for Material Flow and Logistics

Which university did Mr. Stütz work as a substitute professor at?

Dortmund University of Applied Sciences

Where is the Mailing address of IU Internationale Hochschule GmbH located?

Albert-Proeller-Straße 15-19 D-86675 Buchdorf

What is Mr. Stütz's professional expertise?

Supply chain management

What does supply chain management involve?

Developing, administering, controlling, and monitoring integrated logistics chains

What are the desired outcomes of efficient supply chain management?

Synergy effects, potential for permanent cost savings, and improved customer service

What does supply chain management culminate in?

Consistent controlling for all parties involved in the process chain

Why might firms collaborating in the supply chain need to adjust their business objectives?

To achieve the best outcome for all parties involved

What is crucial to achieve the aims of supply chain management?

Efficient controlling of the value chain

Study Notes

Mr. Stütz's Background

  • Mr. Stütz received his doctorate from an unspecified university
  • Held various positions in different organizations during his professional career
  • Worked as a substitute professor at a university

IU Internationale Hochschule GmbH

  • The mailing address of IU Internationale Hochschule GmbH is located in an unspecified location

Supply Chain Management

  • Involves the management of flows of goods, services, and related information from raw materials to end customers
  • Aims to create a competitive advantage by improving customer satisfaction, revenue, and profitability
  • Desired outcomes include increased customer satisfaction, reduced costs, and improved efficiency
  • Culminates in the delivery of products and services to end customers
  • May require firms to adjust their business objectives when collaborating in the supply chain
  • Effective communication and collaboration are crucial to achieve the aims of supply chain management

Test your knowledge of supply chain risk management and controlling with this quiz based on the course material from IU International University of Applied Sciences. Learn about the different aspects of risk management in supply chains and how to implement effective controls.

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