What is the Right Supply Chain for your Product

Marshall Fisher

Your product is either functional or innovative. If functional focus on efficiency. If innovative focus on responsiveness

Efficiency - high utilization, minium inventory, short l-t, high turns, select suppliers on cost and quality, mimize cost

Resposiveness - inventory buffers especially near customer, excess capacity buffers, reduce lead time, select suppliers for speed, flexibility, quality, use modular dsigns