ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The purpose of supply chain management is
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Provide customer satisfaction
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Improve quality of a product
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Integrating supply and demand management
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Increase production
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Explanation:
Detailed explanation-1: -Supply chain management is the process of integrating the supply and demand management, not only within the organization, but also across all the various members and channels in the supply chain so they work together most efficiently and effectively.
Detailed explanation-2: -Demand and supply integration is about creating value within and outside the firm at all relational links, from supply through demand. This occurs via the continuous management of market information and business intelligence to offer customers products/services that are valuable to them.
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