Question: Making Information Flow and Making MerchandiseFlow - BookPrintferencesFive interrelated activities emerge in supply chain management: making information flow, making merchandise flow, managing inventory, designing the

Making Information Flow and Making MerchandiseFlow-BookPrintferencesFive interrelated activities emerge in supply chain management: making information flow, making merchandise flow, managing inventory, designing the supply chain, and managing the relationships among supply chain 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 chain transaction occurs.This activity is important because firms rely on supply chain management to integrate their suppliers, manufacturers, warehouses, stores, and transportation intermediaries into a seamless value chain and to minimize system-wide costs while satisfying the service levels that customers require.The goal of this activity is for you to understand and recognize which action takes place abeach point of the supply chain.Match the various information flows to the smart TV purchase steps.Options: 1. Store to Buyer 2. Store to Distribution Center 3. Buyer to Manufacturer 4. Manufacturer to distribution center and buyer 5. Customer to store 6. Store to manufacturer Match each of the options to the items below Smart tv purchased POS terminal sends data Corporate inventory order Frequent, direct reorder Request delivery schedule Advanced shipping notice

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!