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The more __________ a company's supply chain, the more difficult it is to ensure that the supply chain is managed ethically.
global.

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tutorconsortium624

The more global a company’s chain, the more challenging it is to manage supply chain ethically due to risks like changing government policies, fluctuations in economy, connectivity between offices of different nations extreme weather conditions and environmental risks.

What is a supply chain?

A supply chain is a network of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that distributes the finished product to the customer.

Companies work to enhance their supply chains in order to lower costs and maintain competitiveness.

What are the key components of supply chain?

To formulate a good supply chain, a company must focus on the following core components:

  • Integration: establish reliable and accurate information sources
  • Operations: a company must have real-time data regarding its inventory and production operations to increase efficiency.
  • Purchasing: it is important to keep records of competitors, suppliers and demand cycles to ensure the company gets proper raw materials on time and sell their produce on th right time.
  • Distribution: simplification, correction and optimization of delivery, transport and return of goods will result in efficient client service and decreased operating costs.

To know more about Supply chain, check out:

brainly.com/question/25160870

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