Lightwire Co.made the decision a decade ago to make the copper wires it needs for its products in house rather than outsourcing this need.As a consequence,Lightwire was stuck with relatively higher costs over the long term,and is currently in negotiations to be bought out.Where,in the context of supply chain management,did Lightwire go wrong?

Question

Quizplus · Accepted Answer

Lightwire Co. failed in adaptability, as it did not adjust its supply chain strategy to respond to changes in the market or cost structures, leading to higher costs and financial difficulties.