ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers
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Logistics
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Supply chain management
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Supply management
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Supply chain
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Explanation:
Detailed explanation-1: -Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business’s supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.
Detailed explanation-2: -In short, an SCM system is defined as the software your company uses to manage the flow of goods, data and resources related to any product or service you sell, moving it from raw material procurement to final delivery.
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