ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following does not belong in the list of the seven principles of supply chain management?
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Segment Customers Based on Service Needs
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Differentiate Products Closer to the Customer
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Develop an outsourcing strategy to maximize asset utilization
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Adopt Channel-Spanning Performance Measures
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Explanation:
Detailed explanation-1: -These principles are: segment customers based on their service needs; drive operations from demand; differentiate products closer to the customer; source strategically; develop supply chain technology strategy; and use supply chain spanning performance measures.
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.
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