True or false: In supply chain management, supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surp... True or false: In supply chain management, supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus.
Understand the Problem
The question is asking whether the statement about supply chain management coordination improving through aligned actions across all stages is true or false. It implies that when all parts of the supply chain work together to maximize total surplus, overall effectiveness is enhanced.
Answer
True
The statement is true.
Answer for screen readers
The statement is true.
More Information
Supply chain coordination can indeed improve significantly when all stages of the chain act in alignment to increase the overall supply chain surplus. This enhances efficiency and profitability throughout the chain by preventing isolated actions that may benefit individual stages but harm the overall chain.
Tips
A common mistake is assuming that each stage acting independently will always lead to the best outcomes for the overall supply chain, which is not the case.
Sources
- Supply Chain Management Chapter 10 - Quizlet - quizlet.com
- Solved Supply chain coordination improvements - Chegg - chegg.com
- Chapter Quiz - Studocu - studocu.com
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