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Question 451 - CSCP discussion

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A company has a high product mix and has decided to increase its supply chain flexibility. The most appropriate action for the company to take is to:

A.
implement a new inventory management system.
Answers
A.
implement a new inventory management system.
B.
increase the standardization of equipment and processes.
Answers
B.
increase the standardization of equipment and processes.
C.
decrease the cycle time of product development.
Answers
C.
decrease the cycle time of product development.
D.
implement principles of theory of constraints (TOC).
Answers
D.
implement principles of theory of constraints (TOC).
Suggested answer: B

Explanation:

Increasing supply chain flexibility in a high product mix environment can be effectively achieved by standardizing equipment and processes. Standardization reduces complexity and allows for more agile and responsive manufacturing and supply chain operations. It simplifies training, maintenance, and equipment changes, enabling quicker adjustments to product changes or shifts in demand. This standardization ensures that the production system can handle a variety of products without requiring significant alterations, thus enhancing overall flexibility.

Reference:

'Supply Chain Flexibility: The Role of Standardization,' Journal of Operations Management.

'Enhancing Flexibility in Manufacturing,' APICS.

asked 16/09/2024
ALEXANDRE NGUYEN
36 questions
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