Levi's CFO: Technology Can Ease Supply Chain Pain

Levi's CFO: Technology Can Ease Supply Chain Pain

Assessment

Interactive Video

Business

University

Hard

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The video discusses the challenges of bringing products to market amid supply chain disruptions and pricing issues. It highlights the importance of diversified sourcing and cost management strategies. The brand's pricing power and revenue recovery post-pandemic are emphasized. Future supply chain strategies, including globalization and diversification, are explored. Technological innovations, such as the RFLX program, are presented as key to improving production processes.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one strategy mentioned to handle supply chain disruptions?

Reducing the number of suppliers

Diversifying sourcing across multiple countries

Increasing production in a single location

Relying on a single country for sourcing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the company manage costs during the pandemic?

By cutting down on marketing expenses

By leveraging global buying power

By increasing the number of suppliers

By reducing the quality of products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial goal did the company achieve post-pandemic?

Reducing costs by 50%

Increasing revenues by 10%

Expanding to new markets

Matching 2019 revenues with higher margins

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the RFLX program focused on?

Increasing the number of retail stores

Using lasers to finish denim products

Outsourcing production to other countries

Reducing the number of employees

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key consideration for future supply chain strategies?

Reducing the number of products offered

Learning from the pandemic experiences

Ignoring technological advancements

Concentrating production in a few countries