What key question(s)need(s)to be considered when planning safety inventory for any supply chain?

Question

Quizplus · Accepted Answer

Both options B and C are key questions that need to be considered when planning safety inventory for any supply chain. The appropriate level of safety inventory to carry will depend on factors such as demand variability, supplier performance, production lead times, and customer service goals. Similarly, actions can be taken to improve product availability while reducing safety inventory, such as improving demand forecasting, implementing lean production processes, and collaborating with suppliers and customers to align inventory levels. Therefore, B and C are both important considerations when planning safety inventory. Option A, on the other hand, only focuses on lead time and does not capture the full scope of factors that need to be considered.

What Key Question(s)need(s)to Be Considered When Planning Safety Inventory for Any