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Years ago, when customers went to Home Depot to buy wall paint they were presented with a catalog of around 60 colors. These 60 SKUs
Years ago, when customers went to Home Depot to buy wall paint they were presented with a catalog of around 60 colors. These 60 SKUs had been previously produced at the wall paint manufacturer factory and shipped to the store through a distribution channel and stored at the store. Now customers go to Home Depot and they are presented with a "catalog" of thousands of colors that are finalized at the store after the customer picks their choice of color and places an order. The change described above is an application of what concept? Group of answer choices Anticipation Lean supply chain Quantitative forecast Bullwhip effect Postponement
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