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 corporate profitability
D) None of the answers is correct

Question

Quizplus · Accepted Answer

Supply chain management involves the management of information flows between and among activities in a supply chain to maximise total supply chain effectiveness and corporate profitability. It includes activities such as procurement, production, transportation, warehousing, and distribution. The ultimate goal is to ensure that products are delivered to customers in a timely, cost-effective, and efficient manner while maintaining quality and customer satisfaction.

What Does Supply Chain Management Involve