Essay Available:
Pages:
1 page/β275 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Compare and Contrast Anticipatory and Responsive Business Models
Essay Instructions:
Compare and contrast anticipatory and responsive business models. Why has responsiveness become popular in supply chain strategy and collaboration? Provide an example of a company that uses one of these models and discuss how it plays a vital role in their transportation decisions.
Essay Sample Content Preview:
Compare and Contrast
Name:
Institution:
Compare and Contrast
Supply chain management consists of the collaboration that firms engage in to leverage strategic positioning of goods and services. The main difference between anticipatory and responsive supply chain model is the timing. While the anticipatory model seeks to produce products based on forecasts and promotional plans in the market, the responsive business model seeks to eliminate or reduce forecast reliance by joint planning and rapid information exchange between the participants in the supply chain. In an anticipatory model manufacture of products is based on the market forecasts while the retailers and distributers of the products undertake their operations based on the forecasts and anticipation of future events. This creates a difference between the original plans of a firm and the actual outcome because the forecasts are usually wrong (Crandall, 2014).
The responsive model is more popular in the supply chain st...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
π Other Visitors are Viewing These APA Essay Samples:
- Principled Negotiations3 pages/β825 words | 15 Sources | APA | Business & Marketing | Essay |
- log302mod5ca3 pages/β825 words | 4 Sources | APA | Business & Marketing | Essay |
- Change Management and Addressing Resistance to Workflow Automation5 pages/β1375 words | No Sources | APA | Business & Marketing | Essay |
- ETHICS3 pages/β825 words | 1 Source | APA | Business & Marketing | Essay |
- Business Process and Information System1 page/β275 words | 2 Sources | APA | Business & Marketing | Essay |
- FMA-III 3 of 3: PARTS OF A FINANCIAL PLAN1 page/β275 words | 1 Source | APA | Business & Marketing | Essay |
- Impact of Business on the Environment and our Health2 pages/β550 words | 2 Sources | APA | Business & Marketing | Essay |