________ is focused on improving the overall flow through a system composed of various companies working together.
A) Supply chain management
B) Flow-through analysis
C) Benchmarking
D) Business process re-engineering
E) Materials management

Question

Quizplus · Accepted Answer

Supply chain management is aimed at optimizing the flow of goods, information, and funds across a network of companies that constitute the supply chain. Its main goal is to enhance the overall efficiency of the supply chain by eliminating unnecessary costs, waste, and delays. Supply chain management addresses all aspects of the supply chain, from sourcing and procurement to distribution and customer service. It involves various functions, such as demand planning, inventory management, logistics, and collaboration with partners.

________ Is Focused on Improving the Overall Flow Through a System