Question: explain and give example Designing Supply Chains - Innovative versus Functional Products/Services Functional Versus Innovative Products Predictable: Unpredictable: Example: Staples Innovative Products: Like State Of

explain and give example Designing Supply Chains - Innovative versus Functional Products/Services

explain and give example Designing Supply Chains

Functional Versus Innovative Products Predictable: Unpredictable: Example: Staples Innovative Products: Like State Of The Art MP4 Satisfy Basic Needs And Players Or Fashion Clothes Have A Predictable Demand with Having A Short Life Cycle A Long Lifecycle And Short Lead Time Low Profit Margin With Higher Profit Margins But Product Life Cycle More Than 2 Years With Very Unpredictable Demand The Margin Of Error For Forecasting For Functional Product Life Cycle From 3 Months To 1 Year Products Is In The 10 Per Cent Range The Margin Of Error For Forecasting Varies from 40 Rivals: Many To 100 Per Cent Rivals: Few

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