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Question 518 - CSCP discussion

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A lack of which of the following elements is most likely to impede the implementation of a demand management system?

A.
pervious period actual demand versus forecasted demand
Answers
A.
pervious period actual demand versus forecasted demand
B.
physical distance between trading partners
Answers
B.
physical distance between trading partners
C.
ineffective sales and operations planning (S&OP) process
Answers
C.
ineffective sales and operations planning (S&OP) process
D.
inadequate company vision statement
Answers
D.
inadequate company vision statement
Suggested answer: C

Explanation:

According to the APICS Supply Chain Operations Reference Model SCOR, an ineffective sales and operations planning (S&OP) process is most likely to impede the implementation of a demand management system. S&OP is a process that aligns the demand and supply plans across the supply chain, based on the business objectives and customer expectations. S&OP helps to balance demand and supply, improve forecast accuracy, reduce inventory costs, and increase customer satisfaction. An ineffective S&OP process can result in poor demand management, which can lead to stockouts, excess inventory, lost sales, or dissatisfied customers.

asked 16/09/2024
Floran Pikaar
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