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Operations And Supply Chain Management
Found in: Page 417
Operations And Supply Chain Management

Operations And Supply Chain Management

Book edition 14th
Author(s) F. Robert Jacobs
Pages 800 pages
ISBN 9780078024023

Short Answer

One product that Staples sells a lot of is copy paper. According to Lee’s Uncertainty Framework, what supply chain strategy is appropriate for this product?

An efficient supply chain strategy is appropriate for this product.

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Step by Step Solution

Efficient supply chain

An efficient supply chain utilizes optimum resources, including financial, technological, and human. It helps minimize the cost of materials and packing and reduces time wastage.

An efficient supply chain makes the maximum use of its assets, whether they be economic, physical, technical, as well as material. As a consequence, operating expenses for supplies, as well as packing, are decreased, as is manpower loss.

Features of efficient supply chain

  1. The primary goal is to maintain a lower-cost product. Their product design strategy helps them in minimizing the product cost.
  2. Their manufacturing strategy is focused on the high utilization of available resources. An efficient supply chain minimizes inventory wastage as well as minimizes inventory at a lower cost.
  3. Its lead time strategy is to reduce but not at the expense of greater cost. Its supplier selection strategy emphasizes cost and low quality.
  4. The transportation strategy used by an efficient supply chain system emphasized greater reliance on; low-cost modes.

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