Asked by
Nashya Houff
on Oct 18, 2024Verified
In product-based tailored sourcing,
A) low-volume products with uncertain demand are obtained from a flexible source.
B) high-volume products with less demand uncertainty are obtained from an efficient source.
C) high-volume products with less demand uncertainty are obtained from a flexible source.
D) A and B only
Volume Products
Products that are produced or sold in large quantities, often benefiting from economies of scale in production and distribution.
Demand Uncertainty
The unpredictability in the quantity and timing of customer demand for a product or service.
Flexible Source
A supply chain strategy that allows for the procurement of goods and services from multiple suppliers, enhancing adaptability and reducing dependency on single sources.
- Comprehend how various supply sourcing strategies impact the flexibility and cost of the supply chain.
- Identify the advantages of rapid response and customized sourcing within supply chain management.
Verified Answer
ST
Learning Objectives
- Comprehend how various supply sourcing strategies impact the flexibility and cost of the supply chain.
- Identify the advantages of rapid response and customized sourcing within supply chain management.