Business Finance Homework Help

>SupplyChain 247: Please read the article “Focus on Solutions Not Products When It Comes To Digitizing Procurement Operations” at SupplyChain247.com. (You may need to register for this information.  There is no charge for this news source.)

Link:  https://www.supplychain247.com/article/focusing_on_digitizing_procurement/bain_and_company (Links to an external site.)

>YouTube: “Alphabots at Walmart,”

Link: https://www.youtube.com/watch?v=AqAPFXNyF4M (Links to an external site.)

Please read Chapters 2-3, the SupplyChain247 (SC247) article, and the YouTube video before answering the questions below.

Questions —————————————————————

1. According to the article in SC247, businesses have been slow to embrace digital technology. However, information from a Bain survey identified three key areas of investment (See Figure 1 in SC247 article).  Which of these three areas would be most important for a manufacturer developing videogame consoles?  Why?
2. How could investments in these three areas influence the Source-to-Settle (S2S) processes for online grocery retailers like Walmart as they adopt new technology such as Alphabots?
3. A survey developed by Bain found 22 digital procurement solutions (See Figure 2 in SC247 article). Target is a key competitor for Walmart and Amazon.  Please select three solutions from this list and explain how Target could implement these solutions to gain a competitive advantage over Amazon and Walmart. 
4. Please provide an insightful question about the materials assigned this week to share with the class.