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Which of the following is NOT true about supply chain networks. Supply chain networks can be complex and global in nature.
Supply chain networks can be complex and global in nature.
Supply chain networks tend to be cheaper and less flexible with variability.
Supply chain networks can involve many cross-functional partners across the network and require strong coordination.
TRUE/FALSE
3. ____________ help retailers maintain lower levels of inventory, although it could increase lead times.
4. An example of a WIP-in-Process is a baked cookie at a bakery.
TRUE/FALSE
2. ABC analysis is an analysis that helps procurement/supply chain professionals know the current level of inventory on their books.
TRUE/FALSE
