Final Answer:
The statement "There is a close connection between the design and management of supply chain flows and the success of a supply chain" is true.
Step-by-step explanation:
The design and management of supply chain flows play a critical role in determining the efficiency, responsiveness, and overall success of a supply chain. Effective design ensures that the various components of the supply chain, such as sourcing, production, and distribution, work cohesively to meet customer demands and organizational objectives.
The design of supply chain flows involves strategic decisions regarding the configuration of the supply chain network, transportation routes, inventory levels, and information flows. Efficient management of these flows ensures that resources are utilized optimally, reducing costs and enhancing customer satisfaction. For example, an effective design that minimizes transportation distances and lead times can result in quicker response times to customer orders.
In essence, the success of a supply chain is intricately tied to how well its design aligns with organizational goals and how effectively its flows are managed. A well-designed and efficiently managed supply chain contributes to reduced operational costs, improved customer service, and increased competitiveness in the market. Therefore, the close connection between supply chain design and management directly influences the overall success and performance of a supply chain.