When suppliers,distributors,and customers partner with each other to improve the performance of the entire system,they are participating in a _ .
A)supply chain
B)conventional distribution channel
C)channel of distribution
D)value delivery network
E)demand chain

Question

Quizplus · Accepted Answer

A value delivery network refers to a collaboration between suppliers, distributors, and customers to optimize the entire system's performance. This partnership aims to provide value and satisfaction to the end customer. Unlike a conventional distribution channel, a value delivery network emphasizes the importance of all parties working together to deliver the best possible product or service. The other choices (A, B, C, and E) do not accurately describe this type of partnership.

When Suppliers,distributors,and Customers Partner with Each Other to Improve the Performance