Very informative lectures. One question Sir, where does the Amazon fit in your example ? I think by sending packages over night they follow Responsive strategy but at the same time their cost is competitive as well. Where can I find Amazon business on your Strategic fit chart ?
Amazon is a good example of evolving supply chain, however you cannot place it in a single zone as it has a diverse strategy driven by customer sensitivity and needs. I would say it is on the path of becoming an efficient supply chain for customers that are price sensitive i.e. want products at a lower cost and can wait for delivery. At the same time, for customers who want fast delivery it is a responsive supply chain.
@@himanshuchopra8877 Your answer is wrong. Because amazon is the not the platform which decide the price of the product its seller who decide the price of the item . Amazon courier charges are fixed and comission
Responsive supply chains command a higher cost of service. So it has to deliver a higher value to customer, therefore you need to maintain higher stocks in order to respond to customer needs quickly. A person who is ready to pay a premium (higher) price will not like to wait for the item. In order to ensure customer need is fulfilled in quick time and every time a need arises it is imperative that the supply chain maintains buffer.
Very apt lecture. Loved it.
Very informative sessions
Thank you, sir!
helpful
Thanks sir ji
Very informative lectures. One question Sir, where does the Amazon fit in your example ? I think by sending packages over night they follow Responsive strategy but at the same time their cost is competitive as well. Where can I find Amazon business on your Strategic fit chart ?
Amazon is a good example of evolving supply chain, however you cannot place it in a single zone as it has a diverse strategy driven by customer sensitivity and needs. I would say it is on the path of becoming an efficient supply chain for customers that are price sensitive i.e. want products at a lower cost and can wait for delivery. At the same time, for customers who want fast delivery it is a responsive supply chain.
@@himanshuchopra8877 Your answer is wrong. Because amazon is the not the platform which decide the price of the product its seller who decide the price of the item . Amazon courier charges are fixed and comission
Dabbawalas - aren't they responsive too?
22.11.22
High Inventory in Responsive Supply Chain?? How and why???...
Responsive supply chains command a higher cost of service. So it has to deliver a higher value to customer, therefore you need to maintain higher stocks in order to respond to customer needs quickly. A person who is ready to pay a premium (higher) price will not like to wait for the item. In order to ensure customer need is fulfilled in quick time and every time a need arises it is imperative that the supply chain maintains buffer.
Uncertain demand create inventory
sir please make your videos shorter
Sir CT100 is a motorcycle by Bajaj Motors not Hero Motorcorp