After Identifying the Potential Causes for Delays in Communicating Demand

question 251

Multiple Choice

After identifying the potential causes for delays in communicating demand information up the supply chain, the trading partners should take which of the following actions?

• A) Implement a higher-speed data communications network.
• B) Change procedures so data is communicated more frequently.
• C) Identify the root causes for the delays.
• D) Map and analyze the value stream.

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Definitions:

Entire Shipment

The complete set of goods or merchandise dispatched or sent out at one time from one sender to one destination.

Damaged Condition

A state in which goods or property are impaired in some way, reducing their value or functionality.

Reduction in Price

A decrease in the cost at which goods or services are sold, often to stimulate demand or respond to market conditions.

Right to Cure

A legal concept allowing a party in breach of contract the opportunity to fix the violation within a specified period.