SUPPLY CHAIN MANAGEMENT

Collaborative forecast with supplier in makes supply chain efficient

Collaborative forecast with supplier in makes supply chain efficient

Introduction

There are many ways through which supply chain efficiency be improved by organizing collaborative forecasting suppliers. Collaborative forecasting with supplier actually means effective information sharing with the supplier which brings a lot of benefits to the customer and makes the process of supply chain more and more efficient and effective.

Discussion

The design and development of a new product is one of a manufacturing firm's most critical activities. Supply management and the firm's suppliers can make major contributions during this process which can affect ...