Which of the following statements about the demand chain are correct? a. The demand chain focuses on facilities whi...
Which of the following statements about the demand chain are correct?
| a. |
The demand chain focuses on facilities while the supply chain focuses on markets |
|||||||||||||
| b. |
The demand chain focuses only on strategic supply chain processes |
|||||||||||||
| c. |
The demand chain tends to push products based on limited knowledge |
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|
d. The demand chain uses key consumer and market information that is essential to the strategic planning process A spend analysis includes all of the following characteristics except:
|
Homework Answers
Answer:(A) The demand chain focuses on facilities while the supply chain focuses on markets.
( The management of relationships between suppliers and customers to deliver the best value to the customer at the least cost to the demand chain as a whole.)
Answer:(A) Identifies which vendors are being paid.
( Spend Analysis is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring controls and compliance.)
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