What decisions has LV made to manage their value proposition/strategy through their supply chain design?
a. LV has decided to work with a select group of luxury suppliers who provide high-quality materials and components to ensure the superior quality of their products.
b. They have chosen to invest in sustainable and ethical sourcing practices to align with consumer demand for environmentally friendly products and to maintain their brand image.
c. LV has opted to optimize their supply chain network to reduce lead times and improve flexibility, allowing them to respond quickly to changing market demands.
d. They have decided to collaborate closely with their suppliers to develop innovative and unique designs that differentiate their products in the market.