Which of the following factors typically is the most significant impediment to implementing collaborative commerce?
Which of the following factors typically is the most significant impediment to implementing collaborative commerce?
Corporate culture is typically the most significant impediment to implementing collaborative commerce. This is because changing the corporate culture to support collaboration and openness across organizational boundaries requires significant adjustments in attitudes, practices, and policies. These cultural changes are often difficult to implement and can meet with resistance from employees who are accustomed to the existing ways of doing things.
Which of the following corporate strategies is most consistent with a flexible supply chain strategy?
A flexible supply chain strategy is designed to respond quickly and efficiently to market changes and customer demands. Providing the highest-quality service aligns well with the need for adaptability and responsiveness found in a flexible supply chain. This type of strategy requires the ability to adjust to varying levels of demand and to offer exceptional service, which is crucial in maintaining customer satisfaction in a dynamic market environment.
Which of the following considerations is an important supply chain design decision?
Selecting supporting information systems is a crucial supply chain design decision because it directly impacts the efficiency and effectiveness of the entire supply chain. Information systems facilitate communication, data sharing, and process automation, which are essential for coordinating various components of the supply chain. While product design, labor force requirements, and training programs are important, they do not specifically address the overarching structure and integration of the supply chain itself.
Supply chains delivering products or services are most able to respond quickly to changing market requirements when:
Supply chains can respond quickly to changing market requirements when products have a modular design. Modular design allows for flexibility and quicker adaptation by enabling parts or components of the product to be easily interchanged or updated without affecting the entire system. This modularity helps in expediting the production process and reducing lead times when there is a change in market demand.
Risk pooling enables a lower total inventory level without affecting service levels based on which of the following assumptions?
Risk pooling leverages the fact that aggregate demand is more predictable and less variable than the sum of individual demands. This reduces the overall uncertainty and variability, allowing for a lower total inventory level without compromising service levels.