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Essay / Research Paper Abstract
This 9 page paper is written in 4 parts. The first part defines what is meant by factory gate prices, collaborative planning and forecasting and replenishment. The second part considers how they play a role in the marketing, the third part considers the supply chain and the last considers the ethical issues linked to each factor. The bibliography cites 6 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEfactprice.rtf
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Unformatted sample text from the term paper:
gates of the factory. Therefore these process are the process that the factory will sell them at not including any additional costs such as transportation or delivery that may be
billed separately (Nellis and Parker). To define collaborative planning we can look at what each of these terms means. Collaboration may be defined as "To work together, especially in
a joint intellectual effort" (Dictionary.com, 2006) and planning is defined as "A scheme, program, or method worked out beforehand for the accomplishment of an objective" (Dictionary.com, 2006). Therefore collaborative planning
is the setting out of a strategy to reach a goal undertaken by more than one person, in terms of business this is likely to mean more than one department
or even organisation. Collaborative planning may take place across departments or between different trading partners or with stakeholders. Forecasting and replenishment are linked but are separate activities. Forecasting may
be defined as "To calculate or estimate something in advance; predict the future" (Dictionary.com, 2006). In business this may be in a range of situation, the forecasting may be for
the demand of goods to be made, of inventory to be used, of energy to be paid for, of labour hours that will be required or even of error rates
of any other items that can be measured statistically. To replenish can be defined as "fill something that had previously been emptied" this means restocking, either in inventory
for use in making goods or supplying service but may also mean sending out stock or receiving it in the retail environment. The cross over with forecasting is that being
able to forecast can make replenishment much more efficient and help with the scheduling and determination of the level to which stock may need to be replenished as demand can
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