The resulting accuracy of a collaborative forecast enables supply chains to be
A) more responsive but less efficient in serving their customers.
B) both more responsive and more efficient in serving their customers.
C) less responsive but less efficient in serving their customers.
D) both less responsive and less efficient in serving their customers.
E) None of the above are true.

Question

Quizplus · Accepted Answer

Collaborative forecasting allows for better communication and alignment between supply chain partners, which leads to greater responsiveness and efficiency in serving customers. By sharing information and planning together, supply chains can better anticipate demand and adjust their operations accordingly, resulting in better customer service and lower costs.

The Resulting Accuracy of a Collaborative Forecast Enables Supply Chains