A large automotive after-market business wanted to improve its current situation, which is characterized by excessive inventory, incomplete information, high logistics costs, slow reactions to environmental change, and lost profits at the retail level. Would supply chain management be of any help to the business?
A) Yes, supply chain management is designed to coordinate and integrate all the activities from raw materials to product consumption.
B) No, supply chain management is applicable to only distribution strategies for products being sold to the consumer market.
C) Yes, supply chain management would be very useful because it relies so heavily on benchmarking.
D) No, supply chain management requires an expensive investment of time and resources to make it worthwhile.
Correct Answer:
Verified
Q92: Which of the following statements best describes
Q93: The Discovery Channel joined with the BBC
Q94: At the end of each day, Walmart
Q95: Which term describes the process of strategically
Q96: A newspaper article on supply chain management
Q98: In a customer "pull" manufacturing environment, which
Q99: More than 800,000 fans are willing to
Q100: Which of the following is NOT a
Q101: Marnie stopped by the drugstore to buy
Q127: As products move through the marketing channel,channel
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents