ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of coordinating people and resources to ensure everything is in the right place at the right time is the role of which department in a business?
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Logistics
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Procurement
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Supply chain management
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Purchasing
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Explanation:
Detailed explanation-1: -Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption.
Detailed explanation-2: -In supply chain management, logistics are responsible for the movement and storage of goods and services, along with the documents and reports that record those movements throughout an item’s journey to the customer. Logistics include the numerous transportation methods that get inventory from one location to another.
Detailed explanation-3: -What is the supply chain management process? The supply chain management process is composed of four main parts: demand management, supply management, S&OP, and product portfolio management.
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