Do the events management questions on the ppt Assignment

Do the events management questions on the ppt - Assignment Example Current Supply Chain Management tools are capable of helping event managers and organizations achieve and retain a competitive edge through empowering them to streamline and improve their most vital supply chain operations from the beginning to the end. With the tools of supply chain management installed, the event manager and the organization in question can maximize cost-efficiency; enhance productivity while giving the bottom line a massive boost. The functionality is crafted to automate totally and enhance chain process (De Waart, 2013, p. 22). The supply chain package aids the event manager in bettering the supervision and management of the supplies, raw materials and the components needed for the events in the organization. As such, any possible threats of excessive wastes are accounted for, in the process freeing up valuable real estate for other vital functions and cuts on associated storage charges. In its role in the management of orders, the supply chain management drastically accelerates the execution of the whole order-to-delivery cycle through enabling firms to be more productive. SCM allows the dynamic scheduling of supplier deliveries to more efficiently meet the demand and more quickly create the pricing and product configuration (De Waart, 2013, p. 24) Another critical aspect of SCM is the ability to forecast and plan events in the organization (De Waart, 2013, p. 25). With the tools of SCM in place, the event manager can more specifically anticipate client needs and plan the procurement and production activities more accurately. Consequently, the event manager can avoid unnecessary purchases of raw materials, reduce production over-runs, and curtail the need to store vast quantities of processed goods. Another feature of supply chain management is logistical capability. With the rapid expansion of the organization on the global scale, the supply chains of such firms gain much complexity (De Waart, 2013, p.