ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Point of Contention
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Point of Origin
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Point of Conclusion
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Point of Consumption
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Detailed explanation-1: -The last and final stage of supply chain management is referred as the return. In the stage, defective or damaged goods are returned to the supplier by the customer. Here, the companies need to deal with customer queries and respond to their complaints etc.
Detailed explanation-2: -The consumer is the key figure in the supply chain and their needs and opinions will affect the supplier’s decisions. Retailers, shipment and corporations alike are changing the way they operate, all because of the customers they service.
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.
Detailed explanation-4: -Key Takeaways The 5 stages of a supply chain process are planning, obtaining goods, producing, delivering, and returning.