Journal week 1

Readand reflect on Chapter 1 and the two articles, 

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9 Charts Show the Highs and Lows of Supply Chains in Q1 (Links to an external site.)

, and 

Creating Real Value for Your Customers (Links to an external site.)

.

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· What is supply chain management?

· What observations do you have on supply chain management and its relationship to different businesses?

· Refer to the article 9 Charts Show the Highs and Lows of Supply Chains in Q1

· How does your organization or one you are familiar with define and create value?

· Why is it important to focus on value creation versus simply solutions and service?

· For these two questions, refer to the article Creating Real Value for Your Customers.

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