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Chapter 1: Q8DQ (page 20)

What factors account for the resurgence of interest in OSCM today?

Short Answer

Expert verified
  • Global competition
  • Advanced manufacturing and information technology

Step by step solution

01

Understanding why companies are showing interest in OSCM.

Companies have realized that OSCM can provide excellent opportunities to gain a competitive advantage. They have realized they can gain a competitive advantage if they effectively manage the operation and supply chain.

02

Factors affecting the interest resurgence in OSCM

Competition: Companies are trying to gain a competitive advantage due to ever-increasing domestic and global competition. Companies found an effective OSCM can help in addressing such competition.

Advanced technologies: Advancing manufacturing and information technology have improved the operation and supply chain. Companies can gain a competitive advantage if they utilize the advanced technology with OSCM.

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