Benefits of joint forecasting between supply chain partners include:
A) Risk sharing
B) Improve customer value
C) Higher sales
D) Decrease inventory
E) All of the above

Question

Quizplus · Accepted Answer

Joint forecasting between supply chain partners allows for risk sharing and a more accurate prediction of demand. This can lead to improved customer value, higher sales, and decreased inventory levels as the partners are better able to plan and coordinate their production and delivery schedules. Therefore, all of the above choices are the benefits of joint forecasting between supply chain partners.

Benefits of Joint Forecasting Between Supply Chain Partners Include