ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Key areas in supply chain operations?
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Production, Inventory, Transportation
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Production, Warehouse, Location, Distribution
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Places, Production, Inventory, Distribution, Forecast
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Procurement, Planning, Production, Logistics, Distribution, Retails
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Explanation:
Detailed explanation-1: -While supply chain is a very broad career field, it has 7 primary functional areas: Purchasing, Manufacturing, Inventory Management, Demand Planning, Warehousing, Transportation, and Customer Service.
Detailed explanation-2: -The 3 main aspects of operations and supply chain management are purchasing, planning, and logistics. Purchasing deals with obtaining raw materials for manufacturing goods.
Detailed explanation-3: -Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive.
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