The integration and organization of information and logistics across firms in a supply chain for the purpose of creating and delivering goods and services that provide value to consumers is referred to as:

Question

Quizplus · Accepted Answer

Supply chain management involves the coordination of activities across firms in a supply chain to create value for consumers. This includes the integration and organization of information and logistics, as well as the management of relationships between firms to ensure efficient and effective supply chain operations. Logistics management is a subset of supply chain management that focuses specifically on the movement of products and materials within the supply chain. Point-to-point management and just-in-time management are specific strategies or approaches that may be used within supply chain management, but they do not encompass the full scope of supply chain management activities.

The Integration and Organization of Information and Logistics Across Firms