Final answer:
The 5 basic supply chain activities are procurement, production, inventory management, transportation, and warehousing and distribution.
Step-by-step explanation:
The 5 basic supply chain activities are:
Procurement: This involves sourcing and purchasing raw materials or finished products from suppliers.
Production: This involves transforming raw materials into finished products or packaging products for distribution.
Inventory Management: This involves managing and controlling the inventory levels of raw materials, work-in-progress, and finished goods to ensure smooth operations and avoid stockouts or excess stock.
Transportation: This involves the movement of goods from one location to another, including transportation modes such as trucks, ships, planes, and trains.
Warehousing and Distribution: This involves storing, managing, and distributing goods to customers, including activities such as order fulfillment, picking, packing, and shipping.