You're the production manager for Logan Home Builders, and you've just come from a disturbing meeting with the executive team. The company's president informed everyone that expenses are skyrocketing and profits are shrinking because there's a limit to how much the company can charge for new homes. You'd like to help solve the problem. Which supply chain management system might you employ to help Logan restore profitability?
A) RFID, a tool that requires placing a tiny tracking chip on all materials
B) ERP, an integrated software that consolidates sequencing and scheduling data from all units
C) Logistical cost control, a method of evaluating how to reduce costs and add value for your customers through logistical changes
D) Supply chain management, a means of managing the complete sequence of suppliers and activities that contribute to the creation and delivery of goods
Correct Answer:
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