Question: How could Apple use collaborative forecasting with its suppliers to
How could Apple use collaborative forecasting with its suppliers to improve its supply chain?
Answer to relevant QuestionsWhat role does forecasting play in the supply chain of a mail order firm such as LL Bean? How do static and adaptive forecasting methods differ? If a company currently employs the chase strategy and the cost of training increases dramatically, how might this change the company’s aggregate planning strategy? Discuss how a company can get marketing and operations to work together with the common goal of coordinating supply and demand to maximize profitability. How do trade promotions and price fluctuations affect coordination in a supply chain? What pricing and promotion policies can facilitate coordination?
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