Show what is the value of contractual flexibility

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Reference no: EM1329723

Supply chain management & contractual flexibility

Topic: Supply chain management & contractual flexibility

Please provide DETAILED explanation of the following:

* What is the value of contractual flexibility in managing outsourced supply chains?

* How does contractual flexibility factor in when a company changes an order in response to new demand information for the company's product?

* Are there any simple approaches to attempt to evaluate this contractual flexibility?

* How much more might a company be willing to pay for a supplier that will offer contractual flexibility?

Reference no: EM1329723

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