Asked by Sophie Silva on Jun 30, 2024
Verified
The terms push strategy and responsive supply chain are synonymous.
Push Strategy
A supply chain strategy in which a company builds goods based on a sales forecast, puts those goods into storage, and waits for a customer to order the product.
Responsive Supply Chain
A supply chain structured to quickly respond to market changes and customer demands.
- Differentiate between push and pull strategies in supply chain management.
Verified Answer
VN
victory nana qwameyJul 03, 2024
Final Answer :
False
Explanation :
A push strategy in supply chain management involves producing goods based on forecasted demand, while a responsive supply chain (often associated with a pull strategy) focuses on responding quickly to actual demand. They are not synonymous but represent different approaches.
Learning Objectives
- Differentiate between push and pull strategies in supply chain management.