What does supply chain management involve?
A)The management of production material flows between and among stages in a supply chain to maximise total supply chain efficiency
B)The management of information flows between and among stages in a supply chain to maximise total supply chain costs
C)The management of information flows between and among activities in a supply chain to maximise total supply chain effectiveness and profitability
D)None of the answers is correct

Question

Quizplus · Accepted Answer

Supply chain management involves the management of both material flows and information flows between and among activities in a supply chain. The ultimate goal of supply chain management is to maximise total supply chain effectiveness and profitability, which requires a holistic approach to managing the entire supply chain rather than just individual activities. Therefore, option C is the correct answer. The other options (A and B) are either incomplete or incorrect.

What Does Supply Chain Management Involve