Final answer:
To avoid stockouts, a York timber company should focus on efficient supply chain management, which includes better demand forecasting, safety stock maintenance, and improved supplier relationships while leveraging technology and labor policy improvements.
Step-by-step explanation:
The question is focused on how a York timber company can avoid stockouts. The best option for avoiding stockouts is a. Efficient supply chain management. This involves strategic planning to ensure that the supply of raw materials and the delivery of finished goods are conducted in a timely and cost-effective manner. Efficient supply chain management can reduce the risk of stockouts by improving the forecasting of demand, keeping adequate safety stock, and maintaining good relationships with suppliers. Additionally, the lumber industry can benefit from improvements in technology for production and from shipping finished goods over less congested networks. This leads to reduced costs and increased availability of products, thus preventing stockouts. Moreover, integrating new technologies and labor policies can ensure a resilient supply chain that can endure national emergencies.