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:

Higher Turnover

An increased rate at which employees leave a company and are replaced, potentially indicating issues with job satisfaction or organizational culture.

Job Status-Based Rewards

Rewards or recognition provided to employees based on their position, title, or level within the organization.

Hoarding Resources

The act of accumulating and withholding resources from others, often to maintain control or advantage.

Power Distance

A cultural dimension that reflects the degree to which less powerful members of organizations and societies accept that power is distributed unequally.