1. Supply Chain Management (SCM), Customers and suppliers can partner with each other to take advantage of ONLY cost benefits. True or False

2. The advantage of having/implementing SCM ensures seamless exchange of information between partners in the supply chain including exchange of information True or False

3. POS transactions in the new supply chain enables companies to manufacture products based upon demand or sales. True or False

4. Continuous replenishment model helps retailers to maintain the availability of right products for sale. True or False

5. Supply Chain approach has proven results with cost reduction, inventory reduction, cycle time improvement, worker efficiency and enhanced customer service. True or False

PS: The answers are true or false