Explain the Role of Forecasting in a Supply Chain

question 8

Essay

Explain the role of forecasting in a supply chain.

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Definitions:

Authenticity

The quality of being genuine, true, or real, often used in the context of objects, experiences, and personal identities.

Corporate Pressure

Corporate pressure involves the influence that companies can exert on individuals, other businesses, and governments, often to achieve certain business goals or to sway policy decisions in their favor.

Hip-Hop

A cultural movement that began in the 1970s in the Bronx, New York, characterized by four key elements: MCing/rapping, DJing/scratching, break dancing, and graffiti art.

Racial Justice

The systematic fair treatment of people of all races, resulting in equitable opportunities and outcomes for all.