Which of the following corporate strategies is most consistent with a flexible supply chain strategy?

Which of the following corporate strategies is most consistent with a flexible supply chain strategy?
A . Being the low-price leader
B . Providing the highest-quality service
C . Providing mature products with stable sales
D . Emphasizing the quality of the product

View Answer

Answer: B

Explanation:

A flexible supply chain strategy is designed to respond quickly and efficiently to changing market conditions and customer needs. Providing the highest-quality service aligns well with a flexible supply chain strategy, as it requires the ability to adapt to customer demands, handle customization, and ensure quick response times. This level of service often necessitates a supply chain that can pivot rapidly and handle variability without sacrificing quality, making flexibility a critical component.

Reference: Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation.

Pearson.

Lee, H. L. (2004). The Triple-A Supply Chain. Harvard Business Review, 82(10), 102-113.