ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Make
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Source
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Store
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Move
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Detailed explanation-1: -The initial stage of the supply chain process is the planning stage. We need to develop a plan or strategy in order to address how the products and services will satisfy the demands and necessities of the customers.
Detailed explanation-2: -The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.
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: -Original sourcing or extraction of raw materials. Refining or manufacturing materials into basic parts. Assembling basic parts into finished products. Selling finished products to end users. Delivering finished products to end users or consumers. 06-Nov-2018