Tang, C., & Tomlin, B. (2008). The power of flexibility for mitigating supply chain
3 important questions on Tang, C., & Tomlin, B. (2008). The power of flexibility for mitigating supply chain
What are the types of risks?
- Supply risks -> this paper
- Process risks -> this paper
- Demand risks -> this paper
- Intellectual property risks
- Behavioral risks
- Politicalsocial risks
What are the two mechanisms to reduce the likelihood of risks?
- Risk avoidance
- TQM principles. For example CSI(
The parer focuses on 5 flexibility strategies:
- Flexible supply strategy via multiple suppliers
- Flexible supply strategy via multiple supply contracts
- Flexible process strategy via flexible manufacturing
- Flexible product strategy via postponement
- Flexible pricing strategy via responsive pricing
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
