Which of the Following Tends to Reduce Safety Stocks Among

question 44

Multiple Choice

Which of the following tends to reduce safety stocks among supply chain members,generating even less variability in supply chain orders?

• A)​Forward Integration
• B)Internal quality standards​
• C)Information visibility​
• D)All of these​

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Definitions:

Supply Chain

The network of organizations, people, activities, information, and resources involved in creating a product from supplier to consumer.

Data Analytics

The process of examining, cleaning, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

In-House

Activities or operations performed within a company by its own employees instead of being outsourced to third-party providers.

Data Analytics

The method of analyzing, purifying, converting, and designing data to uncover valuable insights, guide conclusions, and aid in making decisions.