Business forecasting technique-qualitative or quantitative


Write a paper of no more than 500-words that includes the following:

A) Select two metrics to evaluate performance of the electric fan supply chain.

B) Describe the supplier relationship and the effects on the supply chain. As part of this consider the following:

  • Type of relationship
  • Supplier location, size of company, and financial stability
  • Metrics used to measure supplier performance (on-time delivery, defects, etc)
  • Supplier improvement strategies

C) Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan.

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Operation Management: Business forecasting technique-qualitative or quantitative
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