Which of the following is not one of the ways that a company can achieve a cost advantage by revamping its value chain?
Moving the performance of most all value chain activities to low-wage countries
Using online systems and sophisticated software to achieve operating efficiencies Selling direct to consumers and cutting out the activities and costs of distributors and dealers
Reducing materials handling and shipping costs by having suppliers locate their plants or warehouses close to a company's own facilities
Streamlining operations by eliminating low value-added or unnecessary work steps and activities
