Overview
Instructions: Please review all three Articles, and provide a general review of the students response to the article. Three Articles: 100 - 150 words per article
DQ1
Use the definition of value chain and supply chain provided below to guide your response.
Compare your favorite brick-and-mortar department store to a similar online retailer. How does each leverage its value chain to achieve its goals? Discuss the advantages each offers over the other and describe the benefits each provides to you as a customer.
Value Chain – The functions within a company that add value to the goods or services that the organization sells to customers and for which it receives payment. (ASCM Supply Chain Dictionary, 2022). Supply Chain - The network of suppliers that deliver products from raw materials to end customers through either an engineered or transactional flow of information, goods, and money. (ASCM Supply Chain Dictionary, 2022).
DQ2
Assessment Description
Identify a process within your organization that requires improvement. Explain how using the DMAIC method differs from how improvements are currently made.