The first step in the successful management of a next-generation supply chain is ________.
A)sourcing
B)delivering
C)making
D)planning

Question

Quizplus · Accepted Answer

Planning is the first step in successful management of a next-generation supply chain. This involves designing an efficient and effective supply chain strategy that takes into account factors such as demand forecasting, inventory management, logistics, supplier selection, and risk management. By planning carefully, companies can optimize their supply chain operations, minimize costs, and enhance customer satisfaction. Without proper planning, the supply chain will face challenges that could lead to inefficiencies, delays, and higher costs.

The First Step in the Successful Management of a Next-Generation