ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the supply chain process does retailers prefer today to become more effective?
A
Push Process
B
Pull Process
C
Programmed process
D
Traditional process
Explanation: 

Detailed explanation-1: -Technically, every supply chain strategy is a hybrid between the two. A fully-push based system still stops at the retail store where it has to wait for a customer to “pull” a product off of the shelves. However, a chain that is designed to be a hybrid flips between push and pull somewhere in the middle of the process.

Detailed explanation-2: -A supply chain is almost always a combination of both push and pull. the interface between the push-based stages and the pull-based stages is referred to as the customer order decoupling point. The push strategy is applied to parts of the supply chain where: Demand uncertainty is relatively small.

There is 1 question to complete.