Briefly describe the information flow element of a supply chain
What will be an ideal response?
Information flow refers to the movement of information along the supply chain, such as order processing and delivery status updates. Information can flow up or down the supply chain as needed. The key element to the information flow is the complete removal of paper documents. Specifically, all information about orders, fulfillment, billing, and consolidation is shared electronically. These paperless information flows save not only paperwork, but also time and money. Additionally, because supply chain management (SCM) systems use a central database to store information, all supply chain partners have access to most current information at all times.
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_____ is the management of the inter-dependencies which suppliers, manufacturers, and distributors all have with each other.
A. Process management B. Supply Chain management C. Product/Service management D. Efficient work flow E. Distribution logistics
Per the Loan Objection section of the Residential Contact to Buy and Sell Real Estate, all of the following are true EXCEPT
a. if the buyer does not send the seller written notice of acceptance of terms, the contract terminates b. the seller could keep the buyer's earnest money if the terms of the section are not followed c. the buyer has until the loan objection deadline to decide it he loan terms are acceptable d. in subjective opinion, the buyer may decide if the loan terms are acceptable