What Are the TWO Primary Techniques/philosophies Discussed in Chapter 8

question 4

Essay

What are the TWO primary techniques/philosophies discussed in Chapter 8 that are used to manage processes in the supply chain such that they'll meet the needs of customers today.Provide the prime objectives for each of the two techniques/philosophies.Also, for each technique, provide three elements used to achieve the prime objectives.

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Definitions:

Final Call

The last opportunity to make a decision, purchase, or participate in an activity before a final deadline.

Entrepreneurial Leader

A leader who possesses the qualities and mindset of an entrepreneur, focusing on identifying opportunities, taking risks, and innovating within their organization.

High Enthusiasm

Represents a state of intense excitement or eagerness, crucial for driving motivation and engagement in various contexts.

Creativity

The capacity to create, invent, or discover new ideas, solutions, or art forms that are valued for their uniqueness and utility.