Question

Grand Trunk Inc., a furniture manufacturing company, does not manufacture furniture until an order is received. It coordinates and integrates the activities of its suppliers, designers and carpenters to ensure an efficient production cycle. This enables Grand Trunk Inc. to deliver the products to customers within five working days. This is an example of _____.​a. customer service management​b. yield management​c. asset lifecycle management​d.​ supply chain management

Answer 1

Answer: Option (D)

Step-by-step explanation:

This particular case is the example of supply chain management. Management of flow of commodities, services and goods which tends to includes all the processes that are known to transform the raw objects into the final entities. This is also known to involve streamlining of the organization's supply-side task in order to maximize the consumer value.