demand forecasting system Paper instructions: Please number & write in complete sentences, with real-world examples. Office Depot sells a wide range of office supply products & services in the U.S. & internationally. The company tries to offer a wider range of office supplies at lower cost than other retailers by using just-in-time replenishment & tight inventory control systems. It uses information from a demand forecasting system and point-of-sale data to replenish its inventory in its 1,600 retail stores. Answer: 1. Look up/explain what a ˜demand forecasting system’ and a ˜point of sale data system’ are and what are the names of vendor system. (3+ sentences) 2. Explain how these systems in #1 help Office Depot minimize costs & describe any other benefits they provide. (3+ sentences with examples). 3. Identify & describe OTHER supply chain management applications that would be especially helpful to Office Depot. Research/write up, but you do not need to cite your references. (3+ sentences with examples) In addition to carrying goods from one place to another, some trucking companies provide supply chain management services & help their customers manager their info. Use the Web to research 2 companies, UPS Logistics and Schneider Logistics, to see how these companies’ services can be used for supply chain mgt. Answer: 4. What supply chain processes can each of these companies support for their clients? Give specific real-world examples (3+ sentences) 5. How can customers use the website of each company to help them with supply chain mgt? WHO are the customers? What do they need? (3+ sentences) 6. Compare the supply chain management services provided by UPS Logistics & Schneider Logistics. Which company would YOU select to help your firm manage its supply chain? WHY? (Hint: Use a specific real-world example here of what kind of company you’re talking about, like maybe the one in your research report?). (3+ sentences)