Supply Chain Management

Category - Efficiency

What are the major enablers of a responsive supply chain?

i. Value chain
ii. Information technology and systems
iii. Knowledge management
  1. i and ii.
  2. ii and iii.
  3. i and iii.
  4. i, ii, and iii.
Explanation
Answer: D - When these three factors meet, they result in a responsive and flexible supply chain. Suppliers of raw materials also have a major role in the whole chain. If any one of these factors is missing, it will lead to lower responsiveness.
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