What is the Right Supply Chain for your Product
From Wikireedia
Marshall Fisher
Your product is either functional or innovative. If functional focus on efficiency. If innovative focus on responsiveness
Efficiency - high utilization, minium inventory, short l-t, high turns, select suppliers on cost and quality, mimize cost
Resposiveness - inventory buffers especially near customer, excess capacity buffers, reduce lead time, select suppliers for speed, flexibility, quality, use modular dsigns