Supply chain management can best be described as:

Question

Quizplus · Accepted Answer

Supply chain management is a set of processes that aim to optimize the flow of goods and services from the point of origin to the point of consumption. It involves managing relationships with suppliers and customers, as well as coordinating activities such as procurement, manufacturing, transportation, and logistics. The ultimate goal of supply chain management is to improve customer service and satisfaction while minimizing costs and maximizing efficiency. Therefore, option E is the best choice as it accurately describes the essence of supply chain management.

Supply Chain Management Can Best Be Described As