ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
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Flows in a Supply Chain Management
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The product flow
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The information flow
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The finances flow
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The orders flow
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Explanation:
Detailed explanation-1: -Product flow – the movement of goods from the supplier to the consumer along with returns and other service requirements. Information flow – transmitting orders and updating the status of delivery. Finances flow – includes payment schedules, credit terms, consignment, and also title ownership arrangements.
Detailed explanation-2: -Supply chains are composed of four major elements: procurement, operations, distribution, and integration.
Detailed explanation-3: -Material (Product) Flow. Information Flow. Financial Flow. 13-Apr-2023
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