[Answer] What is a supply chain designed to optimize both forward and reverse flows?

Answer: closed-loop supply chain

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What is a supply chain designed to optimize both forward and reverse flows? A) Supply chain leverage is about the same for all industries. B) Supply chain savings exert more leverage as the firm's purchases are a smaller percent of sales. C) Supply chain savings exert more leverage as the firm's net profit margin decreases . D) Supply chain leverage depends only upon the percent of sales spent in the supply chain. Supply chain managers outsource logistics to meet three goals: drive down inventory investment lower delivery costs and improve delivery reliability and speed . Three criteria for designing distribution networks to meet customer expectations are: rapid response product choice and service. A lawnmower assembly plant uses a variety of nuts bolts screws and other fasteners in its operation. Its supplier delivers these items directly to the point of use on the assembly line and ensures that there are always sufficient quantities of fasteners to maintain the production schedule. 4) What term describes a supply chain that is designed to optimize both forward and reverse flows...

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