12
Agile Supply Chains
Learning Objectives
After reading this chapter, you will be able to answer the following questions:
- How are agile supply chains different from traditional supply chains?
- Under what situations do forecast updating play an important role?
- How does a firm design its supply chain so that it can respond rapidly to forecast updating?
- How do responsive supply chains differ from speculative supply chains?
- What are the sources of supply chain disruptions?
- How can a firm mitigate risks of supply chain disruptions?
Termed as the largest commercial product launch in the history of the electronics industry, the launch of the iPhone created headlines across the world. Serpentine queues could be seen in front of every Apple store. ...
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