By working closely (through information sharing) with suppliers to deliver JIT in small batches, retailers can: L. Reduce their lead time for deliveries II. Lower the inventory holding cost at their stores IL Better match their assorted requirements II and Ill only I and Il only Lil and in I and ill only ll only
Responsive supply chains are a good fit for innovative products because: Innovative products are high tech products with predictable demand Innovative products have higher margins and less predictable demand The focus of responsive supply chains is all about fast delivery time Innovative products require a much higher cost to produce Responsive supply chains emphasize efficiency over responsiveness
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