Question.5116 - W8: Most Important Concept of the ClassPrompt:Select one of the most important concepts you learned in this course and share how it impacted your perception of supply chain management. Consider how you plan to apply this new knowledge to the field of supply chain management. In addition to reading your assigned resources for week 8, research your favorite concept from the class.
Answer Below:
Hello xxxxx One xx the xxx ideas x picked xx in xxxx course xx blockchain xxxxxxxxxx and xxx it xxx change xxxxxx chain xxxxxxxxxx Before xxxxxx this xxxxxx I xxxxxx thought xx blockchain xx just xxx base xxx cryptocurrency xxx now x see xxx importance xx a xxxxxxxxxxxxx transparent xxx unchangeable xxxxxx that xxx really xxxxx traceability xxxxx and xxxxxxxxxx in xxxxxx chains xxxxxxxxxx allows xxxxx transaction xx movement xx goods xx be xxxxxx in xxxx time xxx shared xxxxxxxx with xxxxxxxx involved xxxx openness xxxxx lower xxx chances xx fraud xxxxxxxxxxxxxx and xxxxxxxxx sourcing xxx example xxxxxxxxxx can xxxxxx products xxxx their xxxxxxxx point xx their xxxxx destination xxxxxxxxxx that xxxxxxxxx are xxxxxxx ethically xx that xxxx stays xxxxxx the xxxxx temperature xxxxxx This xxxx of xxxxxxxxxx helps xxxx compliance xxxxxx consumer xxxxx and xxx even xxxx customs xx supplier xxxxxx easier xxxxxxx ahead x want xx dive xxxx how xxxxxxxxxx can xx used xx procurement xxx logistics xxxxxxx for xxxxx programs xxxx digitize xxxxxxxxx supply xxxxx processes xx using xxxxxxxxxx companies xxx cut xxxx on xxxxxxxx speed xx payments xxxx smart xxxxxxxxx and xxxxx administrative xxxxx related xx paperwork xx reconciliation xxxx industries xx product xxxxx do xxx think xxxx gain xxx most xxxx integrating xxxxxxxxxx into xxxxx supply xxxxxx and xxxMore Articles From Management Information System
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