Explain the differences between efficient and responsive supply chains

December 11, 2022

Read the attached article from the Harvard Business Review “What is the Right Supply Chain for Your Product?” and then summarize the main findings or ideas of the articles, being sure to discuss the nature of the demand for products and the differences between efficient and responsive supply chains and to describe what to do when you have efficient supply chain with innovative products. Your summary should run between 500-1000 words (one to two pages).

Summarize the nature of the demand for products
Explain the differences between efficient and responsive supply chains
Describe the potential outcomes that arise from coupling efficient supply chains with innovative products

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