ENTREPRENEURSHIP

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ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It is based on demand-driven techniques; the procurement, production and distribution are demand-driven rather than predicting.
A
Supply Chan Pull System
B
Supply Chain Push System
C
Supply Chain Demand Driven Strategies
D
Supply Chain Push and Pull System
Explanation: 

Detailed explanation-1: -Under a pull supply chain, actual customer demand drives the process, while push strategies are driven by long-term projections of customer demand.

Detailed explanation-2: -Demand-driven categories are identified as those where an unexpected change in price moves in the same direction as the change in quantity in a given month. Supply-driven categories are identified as those where unexpected changes in price and quantity move in opposite directions.

Detailed explanation-3: -Demand-driven supply chain (DDSC) planning is focused entirely on building supply chains in response to demand signals-driven by customer demand. The risk of not adopting this supply chain planning method is that usually, companies tend to overcompensate by either slowing down or speeding up their production levels..

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