Overview
Qualification Grading Type
Graded
Graded
Understand the concept of a supply chain.
Explain what is meant by a supply chain.
Describe the components of a supply chain.
Compare forward and reverse logistics within a supply chain.
Be able to analyse the importance of supply chain management.
Analyse the importance of supply chain management to a business.
Summarise criteria that can be optimised in a supply chain.
Be able to identify risks encountered within a supply chain.
Analyse the risks to a supply chain based on:
a) organisational factors.
b) environmental factors.
Analyse the impact globalisation has on risks within a supply chain.
Evaluate methods of reducing identified risks.