Respuesta :

Answer:

Forecast and planning

Explanation:

An anticipatory model is a model under which market forecast determines the production of products by the manufacturer, and purchases by retailers also determined by forecasts and promotional plans. Since the forecasts are wrong most of the times, anticipatory model usually leads to differences in the actual production of the firms and what they initially planned to produce.  

Anticipatory Model is a risky model because anticipation of future events always determines the work to do by the firm.

On the contrary, the Responsive Business Model does not depend on forecasts, but ensure that what to be done are adequately planned and information among firms in the supply chain are properly exchanged. This makes the model not to be risky and ensure doing more than what has already been planned is avoided. Therefore, the aim of the responsive model which also known as Pull Model is to eliminate reliance on forecast.  

The major reason the Responsive Model has become popular in supply chain collaborations is that it allows for the customization of products on smaller orders by customers.  However, the Anticipatory Model does not give customers any choice or power but to buy or not buy.

Response-based strategy is the process of achieving positive change by changing the current state of affairs, perception of viewers in a good business understanding, enabling the company to execute its policy smoothly.

Why is a responsive supply chain important?

Because it enables manufacturers to reduce risk (the best performance of a provider saves costs and schedules online inefficient suppliers can be seen and managed).

The main difference between the anticipatory and response-based business models is:

  • In response-based business models predicting or anticipating consumer buying trends are eliminated by exchanging information between the parties involved in the supply chain.

  • In the anticipatory business model, business operators share information to improve the efficiency and accuracy of supply chain operations.

  • To clarify, managers can exchange information to predict future buying trends accurately or complete forecasts, thus coming up with the required amount of inventory to supply the market.

  • The development of information technology has been the result of an increase in the transition from an anticipatory business model to responsive.

  • This is because all parts of the supply chain can access and exchange information, thus avoiding matching processes.

The response-based model has become popular for supply chain strategy and collaboration due to its ability to help organizations reduce operational costs.

It is possible to share information in the supply chain, thus developing designs to make it easier to eliminate costs associated with asset management.

Hence, to learn more about the response-based business model ,refer to the link:

https://brainly.com/question/25160870