Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 2 1 p t s A bicycle manufacturer sells their bikes exclusively through their own stores. Demand is surging during the pandemic but they
Question
A bicycle manufacturer sells their bikes exclusively through their own stores. Demand is surging during the pandemic but they are running out of capital to finance all the inventory needed. To deal with this, instead of stocking fully assembled bikes, they stocks bike frames and components separately. When a customer commits to buying a particular bike, they assemble it in the store in the color and with components selected. This new processsupply chain strategy is called?
Vertical integration
Sustainability
Postponement
Outsourcing
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started