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