ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The major decision areas in supply chain management are
A
location, production, distribution, inventory
B
planning, production, distribution, inventory
C
location, production, scheduling, inventory
D
location, production, distribution, marketing
Explanation: 

Detailed explanation-1: -The major decision areas in supply chain management are 1) location, 2) production, 3) inventory, and 4) transportation (distribution). This blog post will discuss the major decision areas in supply chain management, how they influence supply chain management, and explain them with examples.

Detailed explanation-2: -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-3: -The 3 main aspects of operations and supply chain management are purchasing, planning, and logistics. Purchasing deals with obtaining raw materials for manufacturing goods.

There is 1 question to complete.