ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The difference between operations and supply chain management is that ____
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Supply chain management is optional
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Supply chain management is within a SINGLE firm
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Operations is within a SINGLE firm
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Operations refers to processes across MULTIPLE firms
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Explanation:
Detailed explanation-1: -The major difference between supply chain management and operations management is that the supply chain is mainly concerned with what happens outside the company – obtaining materials and delivering products – while operations management is concerned with what happens inside the company.
Detailed explanation-2: -A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer. SCM oversees each touchpoint of a company’s product or service, from initial creation to the final sale.
There is 1 question to complete.