Develop an Accurate Forecast of Customer Demand by Sharing Demand

question 17

Multiple Choice

Develop an accurate forecast of customer demand by sharing demand and supply forecasts instantaneously across multiple tiers is an outcome of the _______________ SCM function.

• A) supply chain design
• B) collaborative demand and supply planning
• C) collaborative fulfillment
• D) supply chain event management

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Definitions:

Cost Cutting Measure

Strategies or actions undertaken to reduce expenses and improve efficiency within an organization or operation.

Lay Off

The temporary or permanent dismissal of employees from their job, often due to economic constraints or organizational restructuring.

Telecommuting

A work arrangement in which employees do not commute to a central place of work but instead work remotely, often from home, using telecommunications technology.

Flexible Work Arrangement

Employment terms that allow employees to vary their working hours, locations, or schedules to accommodate personal needs and improve work-life balance.