What Are the Ways That Brands Add Value

question 15

Essay

What are the ways that brands add value?

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Definitions:

Push

A type of supply chain management strategy where production is based on forecasted demand, pushing products onto the market regardless of current demand levels.

Pull

A supply chain management strategy where production is based on customer demand rather than forecasting.

Supply Chain Processes

The series of steps involved in producing and distributing goods, from raw materials to the delivery of finished products to consumers.

Decision Phases

The stages in the decision-making process, typically including identification, development, and selection.