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2 questions Essay Example

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And exemplification of this, the reader should consider the case of a firm that is attempting to provide an alternative good or service in an already saturated market. As compared to his firm, the relatively new entrants into the market will face a situation in which the overall extent to which its financial reserves and he leveraged as a means of finding an alternative path toward supply chain is usually quite limited. Furthermore, the margin of error that such a firm has to deal with is water of magnitude smaller as compared to the more established the able to consider a variety of different from which is that based upon our experience and a team of professionals/advisors/contractors that are able to make relevant determinations and suggestions with respect to the way in which the entity should develop.In keeping with the discussion of the small entity and the margin of error, it should also be indicated that the overall amount of time that is generally required for a rather large or established firm to determine supply chain management decisions is generally quite different as compared to the overall amount of time that is available to the small firm or the operating within a similar market (Nokoya, 2013). Likewise, whereas the larger entity might be able to afford the hardship and difficulty that issues relating to supply chain management might affect, the smaller business entity is one that will succeed or fail based upon this margin of error. Sadly, hardly any of the available research into supply chain management or logistics focuses on these topics from the small business perspective. This is an egregious oversight as it is this very impediment to success that sees such a high number of these firms forced to shutter. Another relevant causation for this has to do with the fact that business experience and ongoing relationships with suppliers and SCM affects a level of industry knowledge within those that are employed by larger companies and tasked with managing logistics. However, when one considers the case of an individual small business operation, the likely scenario is one that a solitary individual is not only tasked with payroll responsibilities, management responsibilities, marketing responsibilities, and a litany of others; he/she is also tasked with managing the approach to the supply chain and how the relationships with suppliers and producers of raw material or services might be

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