By Reducing Waste, Compressing Time, Reducing Unit Costs, and by Demonstrating

question 5

Essay

By reducing waste, compressing time, reducing unit costs, and by demonstrating a flexible response, Dell Computer achieves the four major goals of supply chain management. Briefly describe the meaning and significance of each of these goals to a firm like Dell.

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Definitions:

Interpersonal Intelligence

The capacity to understand the intentions, motivations, and desires of other people and to work effectively with others.

Analytic Intelligence

The ability typically measured by intelligence tests and crucial for academic success.

Tacit Intelligence

A form of intelligence that is understood or implied without being stated openly, often considered a component of practical intelligence.

Creative Intelligence

The ability to produce new and useful ideas by combining familiar concepts in novel ways.