Asked by Samantha Stoner on Jul 17, 2024
Verified
Leaders in many supply chains have started moving toward collaborative forecasting to improve their ability to match supply and demand.
Collaborative Forecasting
A process where various stakeholders, including suppliers, retailers, and customers, work together to make more accurate predictions about future demand.
- Grasp the concept of collaborative forecasting and its benefits in supply chain management.
Verified Answer
DC
Daniel CantuJul 24, 2024
Final Answer :
True
Explanation :
Collaborative forecasting is becoming increasingly popular among supply chain leaders as a way to improve supply and demand matching.
Learning Objectives
- Grasp the concept of collaborative forecasting and its benefits in supply chain management.
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