Question

_____ is used to coordinate supply chain members through point-of-sale (POS) data sharing and joint planning. a. Confidentiality, integrity, and availability b. Collaborative planning, forecasting, and replenishment c. Customer relationship management d. Electronic data interchange

Answer 1

Answer:

B

Explanation:

Collaborative planning, forecasting and replenishment is a practice in business that puts together the skills of several trading partners to plan and also bring to fulfilment the demands of customers.

The stakeholders includes

1. Suppliers

2. Your company

3. Your customers.

The company collaborates planning, forecasting from inside the company, and also uses data provided by suppliers and customers.

Answer 2

Answer:

B

Explanation:

Collaborative planning , forecast and replenishment is a business tool that supports supply chain integration by networking other related departments in an organization.

It makes information gathering easier and consequently a faster decision making process.

New orders are placed automatically as the system is capable of discovering a re-order level of inventories , making the end-end  supply chain more efficient at a reduced cost