Lo201 ch 1 3 - Study guides, Class notes & Summaries

LO201 Ch. 1-3 Terms 100% Accurate Questions & Answers 1. Agile Supply Chain - Answer-focuses on an organization's ability to respond to changes in demand with respect to volume and variety) 2. Bullwhip Effect - Answer-Characterized by variability in demand orders among supply chain participants) 3. Fast Supply Chain - Answer-emphasizes a speed or time component) 4. Fourth-Party Logistics - Answer-lead logistics provider; general contractor that ensures that third-party logistics comp...