Which Type of Supply Chain Collaboration Methods Includes the Vendor

question 38

Multiple Choice

Which type of supply chain collaboration methods includes the vendor replenishing standard merchandise while the buyer manages the replenishment of promotion merchandise?

• A) Continuous Replenishment (CRP) or Vendor Managed Inventory (VMI)
• B) Co-Managed Inventory
• C) Collaborative Forecasting and Replenishment (CFAR)
• D) Collaborative Planning, Forecasting and Replenishment (CPFR)

Understand the significance of teams and teamwork within a global context.

Comprehend the process and benefits of teamwork and how it contributes to achieving common goals.

Understand the importance and role of consensus building in high-functioning teams.

Recognize the significance of a manager's role as an agent of organizational change through teamwork.

---

Definitions:

Persuading

The act of convincing someone to do or believe something through reasoning or the use of persuasion.

Uncovering

The process of discovering, revealing, or making known previously hidden, obscured, or unknown information or insights.

FedEx

An American multinational delivery services company known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location.

Customer Value Proposition (CVP)

An offering by a company that summarizes why a consumer should buy a product or use a service, highlighting the unique value it provides.