Answer:
Apple has received multiple awards for its supply chain strategy.
Recently, for example, Gartner, a US-based research and advisory
company, awarded Apple its inaugural “Masters” award after
previously ranking Apple No. 1 on its “Top 25 Supply Chains” list
for the past 5 years.
One key part of Apple's store network is its utilization of
different providers for a similar segment. The Governance
Leadership Center surveys this part of Apple's inventory network
procedure to inspect the job that sheets and executives can play in
improving production network the executives and authoritative
execution.
Apple store network methodology is positioned as number One
inventory network system on the planet and has been constantly
positioned as nobody throughout the previous 4 years. In less
complex terms apple runs its inventory network apple buys segments
and materials from different providers at that point gets sent to
collecting plant in china from that point the items are dispatched
to their buyers who get it from apple online stores. For the retail
stores the product is kept in California where central warehouse
and the call center is located and ships product from there. The
CEO of the company Tim cook played a critical role where he slashed
the inventory and cut down on warehouses and let the suppliers
compete themselves. His core aim was to keep fewer inventories and
see that the finances were not blocked. He also ensured that SKUs
or stock keeping units are less in the warehouse they also ensured
that the fast inventory turnover was always maintained. Now in
every organization if the supply chain is strong then automatically
the business and the products sell at a faster pace. Clients
constantly like those organizations where the stock is dependably
there and furthermore the supply of merchandise are effectively
accessible to them yes the facts confirm that the estimation of the
item relies upon the store network the expense or the MRP of the
item. Inventory network methodology is made by the top
administration which incorporates the CEO and the top
administration that chooses the route forward or the arrangement
inside to see that the item experiences the set rules.
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