How could Philips increase the flexibility of its supply chains? How could the company reduce the complexity of its supply chains? What are the potential advantages and disadvantages of different approaches to manufacturing and procurement? Consider different links and (potential) locations within the chain.

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To increase the flexibility of its supply chains Philips could implement several strategies 1 Diversification of Suppliers Philips can reduce its dependence on a single supplier by diversifying its su... View the full answer