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Supply Chain Management Is Essentially the Optimisation of Material Flows

Question 1

Multiple Choice

Supply chain management is essentially the optimisation of material flows and associated information flows involved with an organisation's operations. To manage these flows, e-business applications are essential to bring such benefits as noted in 'Internet retailing' in 2010 which reported that the average rates of return to a high street retailer could be as high as 10%. What did the same source report as the average rate of return for UK e-commerce sites?


A) 15%
B) 22%
C) 12%
D) 18%

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