When all the different stages of a supply chain work toward the objective of maximizing total supply chain profitability,rather than each stage devoting itself to its own profitability without considering total supply chain profit,it is known as
A) supply chain coordination.
B) forecasting.
C) aggregate planning.
D) revenue management.
E) pricing.

Question

Quizplus · Accepted Answer

Supply chain coordination involves all stages of the supply chain working together towards the common goal of maximizing total supply chain profitability. This approach considers the impact of each stage's decisions on the entire supply chain, rather than focusing solely on individual stage profitability. The other options listed are related to specific concepts within supply chain management but do not encompass the overall goal of maximizing total supply chain profitability.

When All the Different Stages of a Supply Chain Work