For improving the efficiency and productivity of a complex supply chain,a company should do which of the following?

Question

Quizplus · Accepted Answer

Option C provides the best approach for improving the efficiency and productivity of a complex supply chain. Backward vertical integration can help a company gain greater control over its supply chain by owning and managing its suppliers. On the other hand, entering into agreements with first-tier suppliers allows a company to outsource the management of their own suppliers while maintaining visibility and control over the supply chain. Both approaches provide advantages and should be adopted based on the company's specific needs and objectives. Option A and D are limiting and not the best choice.

For Improving the Efficiency and Productivity of a Complex Supply