PUZZLE

2. If cost is more important, inventory can be reduced to make the _____ more efficient.
4. Faster transportation allows _______ responsiveness but lower efficiency
5. inventory held in case demand ________ expectations.
6. Inventory exists because of a mismatch between supply and ______.
7. Removal of trade barrier results in increased competition from _______ companies.
10. Set of business processes required to ______ goods and services in a supply chain.
11. The power of this driver grows stronger every year as the technology for collecting and sharing _________ becomes more wide spread, easier to use, and less expensive.
12. Responsiveness can be had by stocking high levels of ______ for a wide range of products.
13. Skillful execution of ____ is as important as creating successful strategies.

1. Responsiveness can be achieved by a __________ mode that is fast and flexible such as trucks and airplanes.
3. This driver can be made very responsive by building factories that have a lot of excess capacity and use flexible manufacturing techniques to produce a wide range of items.
5. SC strategy determines how the supply chain should perform with respect to ______ and responsiveness.
8. A ______ decision that emphasizes responsiveness would be one where a company establishes many locations that are close to its customer base.
9. functions of a firm performs and the functions that are outsourced.
10. price associated with goods and services provided by a firm to the supply chain.