Which of the following types of supply chains is most suited for innovative products (such as cell phones or computer games)?
Efficient Supply Chain
Responsive Supply Chain
Risk free Supply Chain
Unique Supply Chain
The correct answer is “responsive supply chain”.
Responsive supply chain is nothing but the supply chain which can respond customers’ requests or market changes within the appropriate timeframe. Innovative products will have unpredictable demand so responsive supply chain is more suitable for innovative products.