What is the primary focus of supply chain management (SCM)?

Question

Quizplus · Accepted Answer

SCM primarily focuses on achieving overall cost leadership, which involves reducing the costs associated with purchasing, producing, and delivering goods and services. This, in turn, contributes to a bottom-line initiative, which is aimed at improving profits by reducing expenses and increasing efficiency. Therefore, the primary focus of SCM is on achieving overall cost leadership and bottom-line initiative. The option "Run-grow-transform" does not directly relate to the primary focus of SCM.

What Is the Primary Focus of Supply Chain Management (SCM)