Answer to Question #252736 in Management for Jasmine

Question

Discuss the role of information in the supply chain and how it's important in supporting planning and execution

Answer 1

Information plays a crucial role in supply chain performance. It is the source of insights and foundation of the processes to be handled in the supply chain. Information tells the management, employees, and all operational activities in the supply what to do, when, and how. Without information, an employees cannot know what the organization needs from them; a manager cannot know what employees or customers want.