Asked by
Joshua Nerio
on Oct 18, 2024Verified
A supply chain can use a high level of product availability to improve its responsiveness and attract customers.
Product Availability
The degree to which a product is in stock and available for purchase by consumers at any given time.
Responsiveness
The ability of a system or organization to quickly and effectively adapt to changes in its environment or demand.
- Comprehend the relationship between product availability, customer satisfaction, and supply chain responsiveness.
Verified Answer
BB
Learning Objectives
- Comprehend the relationship between product availability, customer satisfaction, and supply chain responsiveness.