Answer:
Collaborative Planning, Forecasting and Replenishment
Explanation:
Based on the information provided within the question it can be said that the procedure they are following is known as Collaborative Planning, Forecasting and Replenishment (CPFR). This is a concept whose main focus is enhancing supply chain integration by emphasizing joint practices. Which is what is being done in this situation as companies begin to work closely together with their customers and/or suppliers.
A. Affordability of Retirement
Answer: Purchase journal
Explanation: Purchase journal can be defined as the entry book in which the accountant record all the transactions that are related to the purchases made on credit . In simple words, it records the accounts payable of an organisation.
In the given case, the company has not paid the seller yet. Thus, the transaction results in incurrence of liability. Hence it will be recorded in purchases journal.
The answer is customer relationship management system.
This is a term that discusses about practices, approaches and technologies that
companies use to accomplish and examine customer relations and data during the
course of the customer lifecycle, with the objective of improving business
relationships with customers, assisting in customer retention and driving sales
growth. These systems are intended to accumulate information on customers across
different channels. CRM systems can likewise offer customer-facing staff detailed
information on customers' personal information, buying preferences purchase
history, and concerns.
The answer is C) Begin with a problem in mind or a pain you can relieve