Which of the following activities is critical to successful synchronization of supply and demand throughout a supply chain?

Question

Quizplus · Accepted Answer

Sharing demand information is critical to successful synchronization of supply and demand throughout a supply chain. It allows suppliers to plan their production and inventory levels based on actual demand rather than estimates or forecasts, which can lead to overstocking or stockouts. This helps to minimize waste, reduce costs, and improve customer satisfaction. Placing large orders, reducing deliveries, and maintaining increased inventories may affect the supply chain, but they do not directly address the issue of demand synchronization.

Which of the Following Activities Is Critical to Successful Synchronization