Chapter 13 Global Sourcing OPM

Variety inc unpredictability supply chain strategies o

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Unformatted text preview: • Innovative Products: can enable a company to achieve higher profit margins o Newness of the products makes the demand unpredictable o Typically have a life cycle of just a few months §༊ Imitators §༊ Have to keep making new things o Short life cycle & great variety à༎ inc. unpredictability • Supply Chain Strategies o EFFICIENT Supply Chains: utilize strategies aimed at creating the highest (best) cost efficiency (WALMART) o RISK HEDGING Supply Chains: utilize strategies aimed at pooling and sharing resources in a supply chain to share risk (INTEL) o RESPONSIVE Supply Chains: utilize strategies aimed at being responsive & flexible (lots of companies are moving in this direction) o AGILE Supply Chains: utilize strategies aimed at being responsive...
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