Describe three key approaches to supply chain management identified as key for Recordati’s supply chain efficiency: value-based management approach, system thinking approach and the real-options theory.

Creating and sustaining value for an organisation

Describe three key approaches to supply chain management identified as key for Recordati’s supply chain efficiency: value-based management approach, system thinking approach and the real-options theory.

Summarizes challenges such as workforce optimization and increased need for transparency and agility, which hiders its performance. Strategies such as workforce demand prediction and the creation of a data-driven hiring plan have been proposed. To implement such strategies, a 6-week plan has been proposed.

“Why is your major important for the world?” and/or “Why is your major rewarding for you?”

Logistics
Address one or both of these questions:

“Why is your major important for the world?” and/or “Why is your major rewarding for you?”

Include an underlined statement that includes a counterargument and a reason. My major is supply chain management