ExamGecko
Question list
Search
Search

List of questions

Search

Question 407 - CSCP discussion

Report
Export

Which of the following strategies can be used to help mitigate negative effects of events that rarely occur?

A.
Adaptive supply chain community
Answers
A.
Adaptive supply chain community
B.
Revenue-sharing contract
Answers
B.
Revenue-sharing contract
C.
Global optimization
Answers
C.
Global optimization
D.
Continuous replenishment
Answers
D.
Continuous replenishment
Suggested answer: A

Explanation:

An adaptive supply chain community strategy involves creating a network of supply chain partners that can quickly adjust and respond to unexpected events or disruptions. This strategy focuses on flexibility, collaboration, and information sharing among all members of the supply chain to ensure rapid and effective responses to rare and unforeseen events. Unlike other strategies like revenue-sharing contracts, global optimization, or continuous replenishment, which are more suited for predictable and routine scenarios, an adaptive supply chain community is specifically designed to handle high-uncertainty situations by leveraging the collective agility and resilience of the network.

Reference: Christopher, M., & Holweg, M. (2011). 'Supply Chain 2.0: Managing supply chains in the era of turbulence.' International Journal of Physical Distribution & Logistics Management.

asked 16/09/2024
Victor Cantu
36 questions
User
Your answer:
0 comments
Sorted by

Leave a comment first