Which of the following actions best supports a company’s strategic focus on delivery speed to improve competitive advantage?

Which of the following actions best supports a company’s strategic focus on delivery speed to improve competitive advantage?
A . Maintaining high-capacity utilization
B . Developing flexible operations
C . Cross-training workers
D . Implementing rapid process improvements

View Answer

Answer: B

Explanation:

Developing flexible operations best supports a company’s strategic focus on delivery speed to improve competitive advantage. Delivery speed is the time it takes for a company to deliver its products or services to the customers after receiving an order. Delivery speed is a key factor in customer satisfaction, retention, and loyalty, as well as a source of differentiation and value creation in the market1. Developing flexible operations means having the ability to adapt to changes in demand, supply, technology, and environment, and to respond quickly and efficiently to customer needs and expectations. Flexible operations can improve delivery speed by reducing lead times, increasing responsiveness, enhancing quality, and minimizing costs23.

References: 1 The Shipper’s Competitive Advantage of Delivery Speed to Market 4 2 Operations Strategy, 4th ed., 2015, Slack, N., Lewis, M., ISBN: 978-0273776208 3 CPIM Exam References – Association for Supply Chain Management 1