The supply chain management element that plans,implements,and controls the efficient,effective forward and reverse flow and storage of goods,services and related information between the point of origin and the point of consumption in order to meet customers' requirements is also referred to as:
A)Operations
B)Transportation planning
C)Logistics
D)Procurement

Question

Quizplus · Accepted Answer

Logistics is the supply chain management element that deals with the planning, implementation, and control of the efficient and effective flow of goods, services, and related information. This includes both forward and reverse logistics, which cover the movement of goods from the point of origin to the point of consumption, as well as their return from the point of consumption to the point of origin. Logistics is crucial in meeting customer requirements and ensuring the smooth running of the entire supply chain.

The Supply Chain Management Element That Plans,implements,and Controls the Efficient,effective