Question: Uncertainty in demand affects supply chain performance. a. Describe one supply chain performance metric which is affected by demand uncertainty, and explain how this occurs.

Uncertainty in demand affects supply chain

Uncertainty in demand affects supply chain performance. a. Describe one supply chain performance metric which is affected by demand uncertainty, and explain how this occurs. (5 marks) b. Describe a supply chain management action which a supplier selling to retailers can take to reduce inventory levels in the event of demand uncertainty. Explain how they work. (10 marks) c. Outline a supply chain management mechanism by which a contract between a supplier and a retailer can better manage demand uncertainty. Which conditions would make this arrangement work? (10 marks)

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