In a vertical coordination system, which of the following strategies is most likely to be employed by a company to ensure smoother product flow across the supply chain and enhance collaboration between manufacturers, suppliers, and distributors?
1
Emphasizing competitive price differentiation at each level of the supply chain
2
Enhancing communication between suppliers and distributors to share demand forecasts and inventory levels
3
Implementing a "just-in-time" strategy without any feedback from retailers
4
Limiting the number of suppliers and distributors to reduce complexity
5
Restricting the flow of information between supply chain members to maintain competitive advantage