In global demand management, which one of the following options may result in inefficiencies in the operations and uncertainty in the entire supply chain of a company?
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Synchronize all supply chain elements |
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Use of technology in demand planning |
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Sharing demand information with other supply chain partners |
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Hiding demand information from other supply chain partners |
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Answer: Hiding demand information from other supply chain partners
Explanation: When managing the global demand, data synchronization is essential and it allows the suppliers to make decisions to supply at the earliest. Use of technology allows the supply chain flexibility and supply and demand can be planned accordingly. Availability of information tries to improve the demand management. When the demand details are hidden from the suppliers, the problem actually starts. The suppliers are unaware of the demand faced by the company and suppliers can't plan accordingly to replenish the goods at right. So, this causes uncertainty.
In global demand management, which one of the following options may result in inefficiencies in the...
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home / study / business / operations management / operations management questions and answers / critical thinking the purpose of this assignment is to identify and apply logistics and supply ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Critical Thinking The purpose of this assignment is to identify and apply Logistics and Supply Ch... Critical Thinking The purpose of this assignment is to identify and apply Logistics and Supply...