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Question 24 - CSCP discussion

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Which of the following corporate strategies is most consistent with a flexible supply chain strategy?

A.
Being the low-price leader
Answers
A.
Being the low-price leader
B.
Providing the highest-quality service
Answers
B.
Providing the highest-quality service
C.
Providing mature products with stable sales
Answers
C.
Providing mature products with stable sales
D.
Emphasizing the quality of the product
Answers
D.
Emphasizing the quality of the product
Suggested answer: B

Explanation:

A flexible supply chain strategy is designed to respond quickly and efficiently to changing market conditions and customer needs. Providing the highest-quality service aligns well with a flexible supply chain strategy, as it requires the ability to adapt to customer demands, handle customization, and ensure quick response times. This level of service often necessitates a supply chain that can pivot rapidly and handle variability without sacrificing quality, making flexibility a critical component.

Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation. Pearson.

Lee, H. L. (2004). The Triple-A Supply Chain. Harvard Business Review, 82(10), 102-113.

asked 16/09/2024
DMITRY Yunov
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