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Which of the following are benefits of optimising the supply chain? Select ALL that apply.
Suggested Answer: A, B, C, E
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Optimising the supply chain brings benefits such as increased flexibility, higher profit margins, better demand forecasting, and waste reduction.
Use of AI and technology (D) is incorrect because it is a method to achieve supply chain optimisation, not a benefit itself.
(LO 1.1, See p.3)
12 comments · newest first
BR
Brynn
2 months ago
Don't forget D! AI really boosts efficiency in supply chains.
HO
Honey
3 months ago
I agree, A and C too. Accurate predictions help a lot.
RA
Raul
3 months ago
I think A and B are definitely benefits. Flexibility is key!
AL
Aleisha
3 months ago
Higher profit margins? Really? That seems too good to be true.
DO
Dortha
3 months ago
E) is super important for sustainability!
RE
Rene
3 months ago
D) sounds good, but is it really a benefit?
BR
Brianne
4 months ago
C) is a big one too, can't overlook that.
SH
Sharika
4 months ago
A) and B) are definitely benefits!
RO
Rolande
4 months ago
I’m leaning towards A, B, and E for sure. They seem the most straightforward, but I’m not confident about D. Does using AI really count as a direct benefit?
NA
Nan
4 months ago
I feel like all of these could be benefits in some way, but I’m hesitant about C. Can we really predict demand more accurately just by optimizing the supply chain?
KE
Kenneth
4 months ago
I remember a practice question that mentioned D and E as key factors in optimization. They might be important here too.
MA
Malcom
4 months ago
I think A and B are definitely benefits, but I'm not sure about C. It seems like it could be related, though.