Question

Supply chain management involves managing:

a) the flow of materials and information from suppliers
b) and buyers to the final customer.
c) managing the stock room supply only.
d) the flow of internal information only.
e) the flow of raw materials to inventory only.

Answer 1

Supply chain management involves managing the flow of materials and information from suppliers and buyers to the final customer.

Step-by-step explanation:

Supply chain management involves managing the flow of materials and information from suppliers and buyers to the final customer. It is not limited to managing the stock room supply only or the flow of internal information only, but it encompasses the entire process of sourcing, production, and distribution.

For example, a company's supply chain management may involve working with suppliers to ensure a steady supply of raw materials, coordinating the production process to meet customer demand, and managing the distribution of finished goods to customers.

Supply chain management plays a crucial role in optimizing efficiency, reducing costs, and improving customer satisfaction in businesses.