Which of the following statements are consistent with an effective strategic approach to supply chain...

Identifying new opportunities for close liaison with an Organization's key suppliers and key customers, supported through the effective use of IT.

Anticipating and responding to the increasing legal, consumer and ethical demands being made on an Organization's supply chain.

Effective supply chain management plays an important role in contributing to the Organization's overall success.

A senior member of the management team has oversight and responsibility for supply chain activities within the business.

Recognising product liability is easily transferred from the manufacturer to the retailer.

Industry consolidation has no impact on an Organization's position within its supply chain.