“Speed to Market”
The agile supply chain utilizes the idea of “speed to market” in order to get the product to the end-consumer as quickly as possible as we often see happen when new technology becomes available (i.e. cell phones, flat screen TV’s, etc). How might both the manufacturer and the end-consumer be harmed utilizing this concept? Document your sources. 200-250 words single-spaced.
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Agile Supply Chain
The basic theory behind the agile supply chain approach is the ability to meet market needs with ease, by providing products to consumers in a timely manner. In particular, this supply chain approach makes use of technology as one of the critical resources in the supply chain network. For instance, the success of make-to-order supply approaches, depends on the ease with which consumers can order their products from the manufacturer,
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