The creation across the supply chain and its markets of a coordinated flow of demand is the definition of:
A)order cycle
B)order management
C)demand management
D)supply chain management

Question

Quizplus · Accepted Answer

Demand management refers to the process of creating a coordinated flow of demand across the entire supply chain and its markets. It involves forecasting, planning, and managing customer demand in a way that optimizes the use of resources and ensures that customer needs are met in the most efficient and effective way possible. This is a critical aspect of supply chain management, as it helps to reduce waste, improve efficiency, and increase customer satisfaction. Order cycle and order management are more specific processes that are part of the overall supply chain management framework.

The Creation Across the Supply Chain and Its Markets of a Coordinated