Question

Write down the factors on which supply flexibility is based.​

Answer 1

Answer:

Now the supply chain flexibility is based make to order strategy, low volumes, low switching costs and low stocks.

Answer 2

The factors on which supply flexibility is based are as follows:

• A business process' ability to handle or adapt to change with minimal time, cost, quality, or performance disturbance.
• A company's adaptability can be explained in three ways.
• They're considered broad features of flexible supply chains because it's unclear how these components affect the supply chain's functional operations.

1. Be adaptable: Change your supply network strategy, products, and technology as the market structure evolves.
2. Alignment: To improve overall performance, reward supply chain, partners.
3. Agility: The ability of a supply chain to respond swiftly to changes in demand or supply, as well as external disruptions.