Successful supply chain management requires which of the following decision phases?
A) Supply chain strategy/design
B) Supply chain planning
C) Supply chain operation
D) all of the above
E) A and B only

Question

Quizplus · Accepted Answer

Successful supply chain management involves all three phases: supply chain strategy/design, supply chain planning, and supply chain operation. Each of these phases is critical to optimizing the supply chain and ensuring its effectiveness. During the design phase, companies must decide on their goals for the supply chain, determine the optimal structure, and establish key performance indicators (KPIs). The planning phase involves forecasting demand, establishing inventory levels, and determining which suppliers to use, among other things. Finally, the operation phase involves managing inventory and production, coordinating with suppliers and retailers, and monitoring performance to ensure that the supply chain is meeting its goals.

Successful Supply Chain Management Requires Which of the Following Decision