Collecting and sharing information with supply chain partners can be accomplished by which risk management activity?
A) Increasing safety stocks/forward buying
B) Identifying backup suppliers and logistics services
C) Diversifying the supply base
D) Utilizing a supply chain IT system

Question

Quizplus · Accepted Answer

Utilizing a supply chain IT system allows for efficient collection and sharing of information with supply chain partners, enabling better risk management. The other options listed are risk management activities, but they do not specifically address collecting and sharing information with supply chain partners.

Collecting and Sharing Information with Supply Chain Partners Can Be