Topmusicanswers
- What is a strategic fit example?
- What is a strategic fit in supply chain?
- What is an example of a strategic option for supply chain?
- What are the methods of achieving strategic fit?
What is a strategic fit example?
A variety of cost-saving opportunities (or economies of scope) can arise from market-related strategic fit: using a single sales force for all related products rather than separate sales forces for each business, advertising related products rather than separate sales forces for each business, advertising related ...
What is a strategic fit in supply chain?
Strategic fit means that both the competitive and supply chain strategies have the same goal. It refers to consistency between the customer priorities that the competitive strategy hopes to satisfy and the supply chain capabilities that the supply chain strategy aims to build.
What is an example of a strategic option for supply chain?
The supply chain strategy may be set for example as “We aspire to reduce waste in our supply chain activities to support the company's strategy to be a cost leader in our market”. Once this strategy is determined for the function it will influence daily operational decisions.
What are the methods of achieving strategic fit?
Strategic Fit may be defined as matching resources and capabilities but in Procurement it means requiring that both the competitive and supply chain strategies of a company have aligned goals. To provide the highest level of service as a procurement organization, strategic fit must be achieved.
