A South African electronics retailer faces fluctuating demand for smartphones, with periods of high and low customer demand. The retailer is looking for a supply chain strategy that firstly balances responsiveness to changes in demand while striving for cost efficiency. Which supply chain strategy would be most suitable for succeeding in this volatile market?

Question

Answer

Relying on a just-in-time (JIT) inventory strategy to minimise inventory costs and respond to customer demand.

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Adopting a lean supply chain strategy to reduce costs and waste, focusing on maintaining minimal inventory levels.

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Choosing a leagile supply chain strategy that combines both efficiency and flexibility elements to manage costs and responsiveness.

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Implementing an agile supply chain strategy that allows the retailer to quickly adapt to changes in demand, even at higher costs.

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A South African electronics retailer faces fluctuating demand for smartphones, w...

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