Leaders in Many Supply Chains Have Started Moving Toward Collaborative

question 68

True/False

Leaders in many supply chains have started moving toward collaborative forecasting to improve their ability to match supply and demand.

---

Definitions:

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.

Marketing Strategy

A comprehensive plan formulated by a business to achieve specific marketing goals and objectives.

New Customers

Individuals or organizations that have not previously purchased from a business, representing an opportunity for growth and expansion.

Unrelated Products

Products that have no significant connection or complementarity in use, production, or marketing to each other.