ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Supply chain is also referred as ____
|
|
supply force
|
|
|
chain of manufacturing centre
|
|
|
logistic network
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -The basic difference between Logistics and Supply Chain Management is that Logistics management is the process of integration and maintenance (flow and storage) of goods in an organization whereas Supply Chain Management is the coordination and management (movement) of supply chains of an organization.
Detailed explanation-2: -Logistics networks (or supply chains) connect suppliers, manufacturing plants, warehouses, distribution centers and customers to coordinate the acquisition of raw materials and components, their transformation into finished products and the delivery of these products to the customers.
There is 1 question to complete.