Many Companies Have Significantly Lowered Inventory Levels and Costs Using

question 89

True/False

Many companies have significantly lowered inventory levels and costs using just-in-time inventory methods.

---

Definitions:

Dell's Supply Chain

A highly efficient model focused on build-to-order manufacturing, direct sales, and strong supplier relationships, leading to reduced inventories and customized products.

Supply Chain Surplus

The difference between the value of the final product to the end consumer and the total costs of the supply chain that brings the product to the consumer.

Assembly → Customer

The process flow from the assembling of products to their delivery to the end consumer.

Walmart's Supply Chain

A complex logistics system used by Walmart to acquire goods, manage inventory, and distribute products to its stores efficiently.