How can a disruption in Target’s supply chain cause problems for the company and its stakeholders?
How can a disruption in Target’s supply chain cause problems for the company and its stakeholders?
What strategies has Target used to effectively manage its supply chain?
Conduct the following research:
In addition to your video questions conduct a library research by comparing year to year revenues and profits for years 2020 and 2021 during the high of the COVID pandemic for:
- Target
- Walmart
- Amazon
Only one question can be answered at a time, please post the others separately.
A supply chain is a group that are involved in the production and distribution of a certain good or service to the final consumer and are either directly or indirectly connected to one another and dependent on one another. It covers every step in the manufacture of a product, including the procurement of raw materials, production, assembly, distribution, delivery, and customer service. A supply chain may have a number of participants, such as suppliers, manufacturers, distributors, wholesalers, retailers, and end users. A supply chain is a dynamic, complicated system, and disruptions can happen anywhere along the chain, impacting the business and its stakeholders.
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