ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these are FUNCTIONS in a supply chain?
A
Customer Service
B
Product Development
C
Operations
D
Refreshments
E
Distribution
Explanation: 

Detailed explanation-1: -The functions of a supply chain include product development, marketing, operations, distribution, finance, and customer service. Today, many supply chains are global in scale. Effective supply chain management results in lower costs and a faster production cycle.

Detailed explanation-2: -Supply chain management has five key elements-planning, sourcing raw materials, manufacturing, delivery, and returns.

Detailed explanation-3: -While supply chain is a very broad career field, it has 7 primary functional areas: Purchasing, Manufacturing, Inventory Management, Demand Planning, Warehousing, Transportation, and Customer Service.

Detailed explanation-4: -Purchasing. The first function of supply chain management is purchasing. Operations. Logistics. Resource Management. Information Workflow. 04-Feb-2021

There is 1 question to complete.