Using Information Only To Create 2 Comprehension Questions for corporate strategy impacts on supply chain decisions CORPORATE STRATEGY IMPACTS ON SUPPLY CHAIN DECISIONS LOW COST STRATEGY RESPONSE STRATEGY DIFFERENTIATION STRATEGY Cost Primary supplier selection criteria Capacity Speed Flexibility Supply chain inventory Distribution network Minimize inventory to Use buffer stocks to hold down costs ensure speedy supply Inexpensive Fast transportation transportation Provide premium Sell through discount customer service distributors/retailers Maximize Low setup time performance Rapid production Minimize cost ramp-up Product development skills Willing to share information Jointly and rapidly develop products Minimize inventory to avoid product obsolescence Gather and communicate market research data Knowledgeable sales staff Product design characteristics Modular design to aid product differentiation