Which of the following BEST describes supply chain management?
A) the principle of improving the supply chain by focusing on the slowest step in the chain
B) a limitation on the number of suppliers allowed to supply a particular company
C) complete movement of raw materials throughout a manufacturing or service facility
D) a cost-reduction program in which wholesalers and retailers are eliminated in an effort to entice consumers to purchase directly from manufacturers
E) the principle of looking at the supply chain as a whole in order to improve the overall flow through the system

Question

Quizplus · Accepted Answer

E)In addition, because customers ultimately get better value, supply chain management gains competitive advantage for each supply chain member.

Which of the Following BEST Describes Supply Chain Management