In essence, supply chain management integrates supply and demand management within and across companies.

Question

Quizplus · Accepted Answer

Supply chain management involves managing the flow of materials, information, and finances from the sourcing of raw materials to the delivery of finished products to customers, and requires coordination across multiple functions and organizations, including suppliers, manufacturers, distributors, and retailers. Integrating supply and demand management is a key aspect of effective supply chain management.

In Essence, Supply Chain Management Integrates Supply and Demand Management