Topmusicanswers
- What is strategic fit in supply chain management?
- What are the 3 strategic level for supply chain management?
- What is the scope of strategic fit?
- How do you define strategic fit?
What is strategic fit in supply chain management?
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 are the 3 strategic level for supply chain management?
Supply chain management operates at three levels: strategic, tactical, and operational. At the strategic level, company management makes high-level strategic supply chain decisions that are relevant to whole organizations.
What is the scope of strategic fit?
The scope of strategic fit refers to the functions and stages within a supply chain that coordinate strategy and target a common goal. When the scope is narrow, individual functions try to optimise their performance based on their own goals.
How do you define strategic fit?
Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy.
