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Paraphrase The focus of the MTS supply chain is on efficient service, material, monetary, and information flows; and keeping inventories to a minimum. Because of
Paraphrase The focus of the MTS supply chain is on efficient service, material, monetary, and information flows; and keeping inventories to a minimum. Because of the markets the firms serve, service or product designs last a long time, new introductions are infrequent, and variety is small. Such firms typically produce for markets in which price is crucial to winning an order. Contribution margins are low and efficiency is important. Consequently, efficient supply chains have competitive priorities of low-cost operations, consistent quality, and on-time delivery
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