Identify the activity in the value chain that involves receiving and handling of raw materials and other inputs to the product.
A) inbound logistics
B) procurement
C) manufacturing
D) outbound logistics
E) optimized ordering

Question

Quizplus · Accepted Answer

Inbound logistics is the activity in the value chain that involves receiving and handling of raw materials and other inputs to the product. This includes transporting, storing, and managing inventory of these inputs until they are ready to be used in the manufacturing process. Procurement is also a component of this activity, but it specifically refers to the process of acquiring these inputs from suppliers. Manufacturing involves transforming these inputs into finished goods, while outbound logistics deals with delivering the finished product to customers. Optimized ordering is not a term commonly used in the value chain construct.

Identify the Activity in the Value Chain That Involves Receiving