A company requires its suppliers to make its products in at least three different locations around the world.Which supply management goal does this BEST accomplish?
A)Fostering sustainability.
B)Reducing total costs.
C)Identifying,assessing,and mitigating supply chain risk.
D)Accessing technology and innovation.

Question

Quizplus · Accepted Answer

The requirement of manufacturing in at least three different locations around the world helps in identifying, assessing, and mitigating supply chain risk. This reduces the risk of disruptions caused by natural disasters, political instability, or other unforeseen circumstances in one particular location. It also helps in diversifying the supply chain and reduces dependence on a single supplier or location, thereby mitigating the impact of disruptions.

A Company Requires Its Suppliers to Make Its Products in at Least