DISCUSSION What types of products are well-suited for an auction market? At what points in the product life cycle can auction markets prove beneficial for marketers? Have you ever participated in an o

DISCUSSION

What types of products are well-suited for an auction market? At what points in the product life cycle can auction markets prove beneficial for marketers? Have you ever participated in an online auction? If so, relate your experience. If not, why not?

To earn full credit, post an initial response of a minimum of 500 words that includes at least one APA citation and the associated reference 

ASSIGNMENT

Supply chain management (SCM) is as much of a science as it is a practiced art.  SCM represents an integration of operations, strategic planning, and tactical thinking enabling companies to serve customers, operate, and survive in a coherent and profitable manner.  If you wish to refresh your memory, click here for a brief description os SCM with examples. 

Goal.  Your goal is to review the supply chain basics here and synthesize the information from The Balance, the textbook, and two RAND publications into using a 5-7 page APA-formatted essay.  The essay must address the following prompt:

• What are the benefits of pitfalls associated with optimizing SCM for small-sized to medium-sized B2B or online businesses?

You must determine relevant measurements, costs, observations, and insights to shape an argument addressing the prompt.  Further, you must integrate your measurements, observations, and insights into a coherent argument.  

Be sure to use ht/courses.lumenlearning.com/suny-englishcomp1v2/ while planning and drafting your essay.