A
Backward linking industries and forward linking industries
What are the two types of linkage industries?
True or False: Backward linkage connects industries to their customers.
What is False?
Backward linkage often results in more of these being created in supplier industries.
Wnat are jobs?
A company needs a plan in case one of its suppliers runs into this.
what is a problem or issue?
In backward linkage, industries in a supply chain rely on these to maintain a steady flow of goods.
What are raw materials(or natural resources)?
Backward linkages help improve this between industries.
What are relationships?
This Japanese automaker is famous for building close backward linkages with its parts suppliers.
Who is Toyota?
This happens when suppliers don’t have enough products to meet demand.
what is shortage?
This supplier industry providing steel demonstrates backward linkage to the car manufacturing industry.
What is the steel industry?
One disadvantage of backward linkage is the risk of disruption in this.
What is the supply chain?
A company creating long-term relationships with suppliers is trying to make its backward linkages more...
What is stable?
This raw material, produced by farms, links backward to the textile industry when creating yarn.
What is cotton?
Events like strikes or material shortages causing production halts exemplify this type of disruption.
What is disruption?
By integrating suppliers, backward linkage improves this supply-chain aspect, reducing delays. (Hint: it's an advantage)
What is efficiency?
Backward linkage occurs when an industry creates this kind of connection, allowing it to rely on local suppliers for raw materials and components, rather than importing them.
What is self-sufficiency?