Supply Chain Management

Category - Demand

Demand Management contains a number of key steps within the three characteristic phases of any strategic management process. Which of the following is not one of them?
  1. Preparation
  2. Analysis and Planning
  3. Implementation.
  4. Feedback and Response
Explanation
Answer: D - Demand Management contains a number of key steps within the three characteristic phases of any strategic management process, which are the preparation phase, the analysis and planning phase, and the implementation phase. The preparation phase involves gaining a proper understanding of your clients, together with establishing the true costs of providing service. This delivers the basic information for the analysis and planning phase, in which the demand is clearly identified and a response to its management formulated, and then the implementation phase where the strategy is applied.
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