Making Information Flow and Making Merchandise Flow 5 points Five Interrelated a

Question

Making Information Flow and Making Merchandise Flow 5 points Five Interrelated activities emerge In supply chaln management: making Information flow, making merchandise flow, managing Inventory, designing the supply chain, and managing the relationships among supply chaln partners. So, for example, when a customer goes to her local Best Buy to purchase a smart TV, It triggers action throughout the entire supply chain. It is possible that by the time she exits the store, the manufacturer has already ordered the production of another smart TV. Tens of thousands of smart TVs are sold every day around the world, and each time they are, this same supply-chaln transaction occurs Print RferencesThis activity Is Important because firms rely on supply chaln management to Integrate thelr suppliers, manufacturers, warehouses, stores, and transportation Intermediaries Into a seamless value chain, and to minimize system-wide costs while satisfylng the service levels that customers requlre The goal of this activity is to understand and recognize which action takes place at each point of the supply chain. Match the smart TV purchase steps to the various information flows Advanced shipping notice Smart TV purchased Frequent, direct reorder Request delivery schedule Corporate inventory order sends data POS terminal Customer to Store Store to Buyer Buyer to Manufacturer Store to Manufacturer Store to Distribution Center Manufacturer to Distribution Center and Buyer Smart TV purchased POS terminal sends data Frequent, direct reorder Request delivery schedule Corporate inventory order shipping notice Advanced

Explanation / Answer

Customer to store: Smart TV purchased
Store to buyer: POS terminal sends data
Buyer to manufacturer: corporate inventory order (because the corporate inventory orders will be by the buyer)
Store to manufacturer: frequent, direct reorder (these frequent and direct orders will be managed at the store level)
Store to distribution center: request delivery schedule (store will follow up with DC because the orders will be from DC to Store and not directly from the manufacturer)
Manufacturer to distribution center and buyer: advanced shipping notice

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