Solved

The Textbook Lists the Following Activities as Supply Chain Risk

Question 38

Essay

The textbook lists the following activities as Supply Chain Risk Management activities:
a.Increasing safety stock and forward buying
b.Identify backup suppliers and logistics services
c.Diversify the supply base
d.Utilize a supply chain IT system
e.Develop a formal risk management program
For each also provide the downside of utilizing that particular strategy.

Correct Answer:

verifed

Verified

a.Increasing safety stock and forward bu...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions