Question

a.In a backward (that is, upstream), vertical integration arrangement, the manufacturer purchases his ________________

customer.

supplier.

retail partner.

distiributor.

b. The Supplier Collaboration program known as Kanban is

a signal based replenishment system.

a just in time inventory system.

a third party supplier program.

an integrated ERP system.

joint vendor delivery program.

c. The Customer Collaboration program of CPFR stands for Collaborative Planning, Forecasting and ________________

Response.

Replenishment.

Return.

Reward.

Recycling.

d. In a VMI program the supplier

manages the collection process for the customer.

outsources shipping activities.

uses a public warehouse.

manages the customer's inventory.

Answer 1

A- Supplier

In backward integration, the manufacturer produces inputs or raw materials required for his operations and in forward integration, he sells and distributes the products. Thus, backward integration is the integration of the suppliers of raw materials and other stuff in the value chain process.

B- Just in Time inventory system

Kanban was originally introduced in Toyota to solve the problems of material supply and to improve the production efficiency it gave good results. Its technique to maintain the inventory level. It can be combined with the ERP and other systems with the technological advancements in inventory management to get better results.

C- Replenishment

it's a collaborative program that aims at enhancing the value of the supply chain.

C- Collaborative P- Planning F- Forecasting R- Replenishment

D- Manages the customer inventory

VMI also is known as vendor Inventory Management is a system between the supplier and customer that aims at automatically fulfilling or replenishing the stock of the customer by gathering the information from the customer.