ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Consumer Driven
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Commodity Driven
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Responsive
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Low Costs
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Detailed explanation-1: -Pull supply chain strategy is driven by actual consumer demand.
Detailed explanation-2: -In a pull-based supply chain, procurement, production and distribution are demand-driven rather than to forecast. However, a pull strategy does not always require make to order production. Toyota Motors Manufacturing is frequently used as an example of pull production, yet do not typically produce to order.
Detailed explanation-3: -In a pull-based model, also known as a demand-driven model or build-to-order, actual customer orders or purchases trigger events in the supply chain.
Detailed explanation-4: -Demand-driven supply chain strategy. A demand-driven supply chain focuses on meeting demand from the consumer. Agile supply chain strategy. Collaborative supply chain strategy. 21-Jan-2022