ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The transportation, storage and distribution of supplies. Distribution to the end customer is only a small part of the process.
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The process of ensuring supplies reach the end consumer
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The process of managing and ordering stock
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The process of using computers to manage stock levels
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None of the above
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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: -Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products.
Detailed explanation-3: -What Is Reverse Logistics? As you may have guessed, reverse logistics refers to moving items or goods from the end users back through the supply chain to the appropriate party concerned.
There is 1 question to complete.