INTE Exam Dumps : Supply Management Integration

Capital expenditure policies primarily relate to fixed assets, as they involve investments in long-term assets that are capitalized and depreciated over time. Reference: Horngren, C. T., Datar, S. M., & Rajan, M. V. (2015). Cost Accounting: A Managerial Emphasis.

Implementing Supplier-managed inventory (SMI) allows FGH, Inc. to share production and inventory data with Supplier X, streamlining the replenishment process. This approach enables the supplier to manage inventory levels and deliveries based on real-time demand, reducing coordination efforts and improving delivery efficiency.

A point-of-sale (POS) system would be most useful for providing rapid updates when dealing with suppliers. POS systems capture real-time sales data, allowing for accurate and timely tracking of demand at retail outlets. This information aids in precise forecasting and inventory management, facilitating better supplier communication. Reference: Retail management and technology integration in supply chains.