The goal of supply chain management (SCM)is to reduce operating and inventory costs while meeting delivery objectives and increasing profits.

Question

Quizplus · Accepted Answer

This statement accurately reflects the main objectives of supply chain management. SCM aims to optimize the flow of products, information, and funds across the entire supply chain in order to achieve efficiency and profitability. By reducing costs and improving delivery performance, companies can gain a competitive advantage and increase customer satisfaction.

The Goal of Supply Chain Management (SCM)is to Reduce Operating