What is the impact of this trend on supply chain inventory

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Reference no: EM133471449

Question 1. What is the underlying rationale that explains why firms should segment their purchase requirements? Explain the concept of procurement strategy portfolio.

Question 2. Many of the retailers and some cases wholesales are driving their suppliers to provide vendor-managed inventory and consignment inventory at no additional cost to the customer. In effect, the customer is looking to shift inventory risk and responsibility to the supplier without paying for it. Describe initiatives that the supplier can use to recoup some value when they have to follow these customer requirements.

Question 3. Consumers are expressing increased demand for product customization in the form of features, labeling, color, or packaging. What is the impact of this trend on supply chain inventory? What strategies can firms and supply chains use to mitigate this impact?

Reference no: EM133471449

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