A. It facilitates the approval process by routing POs to the appropriate approvers, based on invoice rules and limits.
B. It enhances supplier qualification by providing visibility into supplier responses.
C. It ensures that POs are created accurately based on contract terms, reducing manual errors, and improving efficiency.
A. Supplier Qualification.
B. Cost Accounting.
C. Inventory Management.
D. Manufacturing Execution.
A. Collaborative Forecasting Platform.
B. Machine Learning-based Forecasting.
C. Statistical Forecasting.
D. Demand Sensing.
A. Using separate forecasting models for procurement and supply chain planning.
B. By enabling real-time supplier collaboration to update supply planning with lead times and inventory availability.
C. Implementing manual verification of supplier information before updating supply plans.
D. Increasing reorder points in inventory management.
A. It focuses only on local inventory availability.
B. It guarantees same-day delivery for all orders.
C. It uses machine learning and statistical forecasting to predict demand.
D. It eliminates the need for supplier collaboration.
