Saks Fifth Avenue employs a quick response system to order fast-moving fashion items. Saks' point-of-sales scanner records each sale. When stock falls below a minimum level, the system automatically sends an electronic order to the vendor (e.g., Donna Karan) , which processes the order within 48 hours. This system has effectively reduced __________.
A) lead time
B) supply lag
C) product flow
D) customer response cycle
Correct Answer:
Verified
Q207: A current emphasis in supply chain management
Q208: Many organizations have realized that customer service
Q209: Whitney Museum of American Art implemented a
Q210: Walmart is trying to decrease its_ for
Q211: Replenishment time may be more important to
Q213: All of the following are considered key
Q214: Quick response and efficient consumer response delivery
Q215: All transportation modes can be evaluated by
Q216: When Walmart is evaluating between trucking and
Q217: Which of the following is an element
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents