Products demand and supply cycles

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Nike's Supply Chain Networks consist of Cyclic processes where it operates by managing its products' demand and supply cycles. Nike uses pull and push supply chain strategies where its pull involves forecasting customer demand, aligning production accordingly, and replenishing inventory to meet forecast market needs. Goods are stocked after the customer demands goods or based on predicted demand. Nike's push process is used in manufacturing when the products are produced based on anticipated demand. Push strategy keeps goods in stock even before they are ordered by customers.

Reference no: EM133783397

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