How should strategic planning and financial planning be related during supply chain network design?
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Understand the Problem
The question is asking for the relationship between strategic planning and financial planning in the context of supply chain network design. It presents multiple-choice options on how these two aspects should be coordinated during the design process.
Answer
should be combined during supply chain network design.
Strategic planning and financial planning should be combined during supply chain network design.
Answer for screen readers
Strategic planning and financial planning should be combined during supply chain network design.
More Information
Combining strategic and financial planning ensures that all financial aspects are considered in strategic decisions, improving overall supply chain effectiveness.
Tips
A common mistake is considering them separately which might lead to misalignment of strategy and financial feasibility.
Sources
- Global Supply Chain Operations - quizlet.com
- Solved Strategic planning and financial planning ? | Chegg.com - chegg.com
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