A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discl
Posted: Fri Jul 22, 2022 11:14 am
A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discloses flood damage at the plant. The company quickly shifts sourcing to a new supplier and has minimal loss of sales. Which of the following risk strategies reflects the company's actions?
A. Achieving low cost through reaction
B. Creating an adaptive supply chain community
C. Reducing supply chain vulnerability
D. Investing in redundancy
A. Achieving low cost through reaction
B. Creating an adaptive supply chain community
C. Reducing supply chain vulnerability
D. Investing in redundancy