Which of the following tools allows supply chain partners to exchange information related to product demand and supply of their resources?

Question

Quizplus · Accepted Answer

Collaborative planning, forecasting, and replenishment (CPFR) is a tool that enables supply chain partners to share information related to product demand and resources available for supply. This helps in streamlining the supply chain process and improving efficiency. Global logistics and international standards, supplier relationship applications, and advanced planning and scheduling (APS) systems are other tools used in supply chain management, but they do not primarily focus on the exchange of information related to product demand and resource supply.

Which of the Following Tools Allows Supply Chain Partners to Exchange