The primary reason for a firm to pursue strategic supply chain activities is to:
A. gain competitive advantage.
B. reduce total cost of ownership (TCO).
C. decrease inventory.
D. increase product life cycles.
Answer: A
Explanation:
Context: Strategic supply chain activities are pursued to achieve long-term business objectives.
Options Breakdown:
A. Gain competitive advantage: Strategic activities enhance a firm’s market position through improved efficiency, customer service, and innovation.
B. Reduce total cost of ownership (TCO): While important, this is often a tactical goal rather than the primary strategic driver.
C. Decrease inventory: Inventory reduction is a tactical benefit but not the main strategic reason.
D. Increase product life cycles: Extending product life cycles can be a goal, but it is not the primary strategic driver.
Correct Answer Justification: The primary reason for engaging in strategic supply chain activities is to gain a competitive advantage by enhancing overall performance and customer satisfaction.
Reference: Strategic supply chain management literature Industry analyses on the benefits of strategic supply chain initiatives
Latest CSCP Dumps Valid Version with 510 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund