ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Key areas in supply chain operations?
A
Production, Inventory, Transportation
B
Production, Warehouse, Location, Distribution
C
Places, Production, Inventory, Distribution, Forecast
D
Procurement, Planning, Production, Logistics, Distribution, Retails
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.

There is 1 question to complete.