The integration of the three concepts of logistics, resulting in the new paradigm where a series of value-adding activities concentrate a company's supply side with its demand side, is called:
A) supply-chain management.
B) interactive management.
C) systems side management.
D) free enterprise management.

Question

Quizplus · Accepted Answer

The integration of the three logistics concepts (materials management, physical distribution, and business logistics) to create a value-adding chain between a company's supply and demand sides is called supply-chain management. This approach is designed to improve efficiency, reduce costs, and enhance customer satisfaction by coordinating and optimizing all aspects of the supply chain. None of the other options provided accurately describe this concept.

The Integration of the Three Concepts of Logistics, Resulting in the New