Question

A supply chain strategy in which a company builds goods based on a sales forecast, puts those goods into storage, and waits for a customer to order the product is known as a(n) ______ strategy.

1) Pull
2) Push
3) Just-in-time
4) Agile

Answer 1

A push strategy is a supply chain approach where companies forecast demand, produce goods, and store them until sold.

Step-by-step explanation:

The supply chain strategy in which a company produces goods based on sales forecasts, stores them, and then waits for a customer to order them is known as a push strategy. This approach entails estimating customer demand and then pushing the finished goods into the market, regardless of the immediate demand. This method is opposed to pull strategies, where products are made in response to actual demand, or just-in-time strategies that seek to minimize inventory by producing goods as close as possible to when they are actually needed.