Develop An E-supply Chain Management Strategy

Explanation
The correct answer is e-supply chain

Explanation
The statement is true because the success of an e-supply chain is determined by several factors including speed, cost, quality, and customer service. Speed refers to the efficiency and timeliness of delivering products to customers. Cost refers to the affordability and competitiveness of prices. Quality refers to the standard and reliability of the products being supplied. Customer service refers to the level of support and satisfaction provided to customers throughout the supply chain process. All these factors contribute to the overall success of an e-supply chain.

Explanation
The key performance drivers of e-SCM include strategy, systems, people, and goals. Problems are not considered a key performance driver because they are obstacles or challenges that can hinder the performance of e-SCM, rather than driving its success. While it is important to identify and address problems in order to improve performance, they are not a proactive driver in the same way that the other factors listed are.

Explanation
E-logistics refers to the utilization of Web technologies to manage warehousing and transportation processes. It involves the use of electronic systems and communication networks to streamline and optimize logistics operations, including inventory management, order fulfillment, and transportation planning. By leveraging technology, e-logistics enables businesses to improve efficiency, reduce costs, and enhance overall supply chain management.

Explanation
E-procurement refers to the use of web-based technology to facilitate various stages of the procurement process, including requisitioning, sourcing, ordering, and payment. It enables organizations to streamline and automate their procurement activities, resulting in improved efficiency, cost savings, and better supplier management. E-logistics, on the other hand, focuses on the management and coordination of logistics activities using electronic systems. Collaborative planning involves collaborative efforts between different stakeholders to plan and optimize supply chain operations. Supply chain replenishment refers to the process of replenishing inventory in a supply chain. Therefore, the correct answer is e-procurement.

Explanation
Collaborative planning involves the joint effort of both the buyer and the seller to develop a single demand forecast. This process allows for better coordination and alignment of supply chain activities, leading to improved efficiency and customer satisfaction. By sharing information and insights, both parties can make more accurate demand predictions, optimize inventory levels, and plan production and distribution activities accordingly. This collaborative approach fosters better communication, trust, and cooperation between the buyer and the seller, ultimately resulting in a more effective and responsive supply chain.

Explanation
In collaborative planning, manufacturers, suppliers, and distribution partners all have access to point-of-sale information. This means that they can all view and analyze data related to the sales of products at the point of purchase. This access to point-of-sale information allows them to make more informed decisions about production, inventory management, and supply chain optimization. It also enables them to collaborate more effectively and coordinate their efforts to meet customer demand and improve overall efficiency.

Explanation
e-SCM stands for e-supply chain management. This term refers to the use of electronic systems and technologies to manage and optimize the various processes and activities involved in a supply chain. It involves the integration of information, communication, and technology to enhance the efficiency, visibility, and coordination of the supply chain activities. The correct answer is e-supply chain management.

Explanation
Procurement refers to the process of requesting bids or proposals from potential suppliers or vendors. It involves soliciting offers from multiple sources to ensure competitive pricing and quality. The statement correctly states that procurement means requesting bids from a sole buyer, implying that the buyer is seeking proposals from various sellers to compare and select the most suitable option. Therefore, the answer "True" is correct.

Explanation
The word "replenish" means to restock or refill something. It does not mean to reduce.