What are supply chain coordination and supply chain disruption?
Answers
The concept of working together with the aim of improving supply chain performance by aligning the plans and the objectives of individual enterprises. Learn more in: Risk and Risk Aversion in Supply Chain Management Supply chain coordination aims at improving supply chain performance by aligning the plans and the objectives of individual enterprises. It usually focuses on inventory management and ordering decisions in distributed inter-company settings. Learn more in: Collaboration of Single-Manufacturer Multi-Buyer Inventory Status With Credit Option Under Fuzzy Demand A contract is said to coordinate the supply chain if no firm has a profitable unilateral deviation from the set of supply chain optimal actions. Learn more in: The Economic and Environmental Benefits of VMI Adoption in Multi-Retailer Systems