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NEW QUESTION 45
A supplier has decided to improve its forecast accuracy by reducing the information lead time from the retailer. Which of the following actions would be most appropriate to achieve the desired result?

• A. Eliminating sales and promotions
• B. Reducing its quoted lead time
• C. Decentralizing demand information
• D. Utilizing electronic data interchange

Answer: D

NEW QUESTION 46
Which of the following is associated with products in the grocery industry?

• A. high demand uncertainty and economies of scale unimportant
• B. low demand uncertainty and economies of scale important
• C. high demand uncertainty and economies of scale important
• D. low demand uncertainty and economies of scale unimportant

Answer: B

NEW QUESTION 47
A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm's ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for the firm to use to improve customer service?

• A. Customer relationship management (CRM)
• B. Customer service ratio metrics
• C. Market segmentation
• D. Supply Chain Operations Reference (SCOR)

Answer: C

NEW QUESTION 48
If a company targets cost reduction across the supply chain with benefits shared amongpartners, which stage of supply chain management capability would it be at with respect toremoving cost from the supply chain?

• A. strategic contribution
• B. collaboration
• C. dysfunctional
• D. infrastructure
• E. cost reduction

Answer: A

NEW QUESTION 49
Which of the following entities assumes ownership of goods once loaded on an ocean vessel using Incoterms freight on board (FOB)?

• A. The seller
• B. The insurer
• C. The buyer
• D. The carrier

Answer: A

NEW QUESTION 50
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