Final answer:
The four enablers of purchasing and supply chain excellence are technology, transportation, policies, and labor rights and integration. Advancements in technology improve efficiency, transportation methods are crucial for supply chain management, well-designed policies ensure smooth functioning, and protecting labor rights and integrating labor policies are essential for sustainable supply chains.
Step-by-step explanation:
The four enablers of purchasing and supply chain excellence are:
1. Technology: Advancements in technology have greatly improved the efficiency and effectiveness of purchasing and supply chain management. For example, technologies such as RFID tracking and advanced analytics enable real-time visibility of inventory and help identify potential bottlenecks in the supply chain.
2. Transportation: Efficient transportation methods and vehicles play a crucial role in supply chain management. For instance, the use of autonomous vehicles and drones has the potential to revolutionize last-mile delivery, making it faster and more cost-effective.
3. Policies: Putting proper policies in place can ensure the smooth functioning of supply chains, even during national emergencies. For instance, having backup suppliers and diversifying sourcing locations can mitigate the impact of disruptions in the supply chain caused by natural disasters or political instability.
4. Labor rights and integration: Protecting labor rights and integrating labor policies are essential for sustainable supply chain management. Companies need to commit to fair labor practices, both internationally and domestically, to create a more ethical supply chain.