SCM integrates supply and demand management within and across companies.

Question

Quizplus · Accepted Answer

Supply Chain Management (SCM) is a comprehensive approach to managing the flow of products and services, from raw materials to finished goods, between suppliers, manufacturers, and customers. The aim of SCM is to integrate supply and demand management processes within and across companies to optimize the flow of goods and information, minimize inventory and costs, and maximize customer satisfaction. Therefore, the statement is true.

SCM Integrates Supply and Demand Management Within and Across Companies