Supply chain management is
A) The effective planning, organizing, and controlling of the many value-creating activities of the firm
B) The integration of key business processes concerning the flow of materials from raw material suppliers to the final customer
C) A philosophy that seeks to improve quality continuously to please customers, reduce costs, and ultimately create competitive advantage for the firm
D) The planning, scheduling, and controlling of resources to meet the specific goals of a project
E) An operating philosophy encompassing the objectives of high quality, fast response, and low waste within the organization and between supply chain trading partners
Correct Answer:
Verified
Q7: A supply chain is the network of
Q8: Growth of the supply chain management perspective
Q9: Sharing and coordination of key processes between
Q10: Who are first-tier suppliers?
A)Outside agents that move
Q11: Who are first-tier customers?
A)Outside agents that move
Q13: Customer relationship management is
A)Creating and maintaining customer
Q14: Customer service management is
A)Creating and maintaining customer
Q15: Demand management is
A)Making goods to satisfy target
Q16: Order fulfillment is
A)Making goods to satisfy target
Q17: Who are third-party logistics services?
A)Outside agents that
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