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

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

 

Solution

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.