In product-based tailored sourcing, 1. low-volume products with uncertain demand are obtained from a flexible source. 2. high-volume products with less demand uncertainty are obtained from an efficient source. 3. high-volume products with less demand uncertainty are obtained from a flexible source. 4. low-volume products with uncertain demand are obtained from a flexible source and 5. high-volume products with less demand uncertainty are obtained from an efficient source only

Question

Mira Hardy

Business

22 April, 04:51

In product-based tailored sourcing, 1. low-volume products with uncertain demand are obtained from a flexible source. 2. high-volume products with less demand uncertainty are obtained from an efficient source. 3. high-volume products with less demand uncertainty are obtained from a flexible source. 4. low-volume products with uncertain demand are obtained from a flexible source and 5. high-volume products with less demand uncertainty are obtained from an efficient source only

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Avery Hamilton · Answer 1

The best answers are Option 4 & 5

low-volume products with uncertain demand are obtained from a flexible source, while high-volume products with less demand uncertainty are obtained from an efficient source

Explanation:

Tailored sourcing does not necessarily mean buying from two different sources it just makes use of a combined supply source.

One might be at a lower cost but is unable to deal with uncertainty well and the second more flexible but is at a higher cost.

Tailored sourcing may be volume-based or product-based depending on the source of uncertainty.