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Why supply chain management gained popularity in the industry?

• To create more complex and inefficient operations

• Due to its potential to reduce short-term profitability

• To enhance competitiveness, reduce cost, and improve efficiency

• In response to increased customer demand for long delivery times

Which of the following processes is a key component of supply chain?

• Inventory management

• Marketing campaigns

• Employee training

• Office maintenance

The purpose of supply chain management is

• provide customer satisfaction

• improve quality of a product

• integrating supply and demand management

• increase production

A supply chain is a sequence of firms that perform activities required :

• to find products that are similar

• to facilitate wholesalers inventory selections

• to create synergy in their training programs

• to create and deliver goods to consumers

Samsung’s supply chain model focuses on leveraging its global presence, aligning its operations and production processes with customer needs, and creating an efficient and cost-effective supply chain 

• True

• False

Supply chain management is a flow of management of the goods and services that from raw things to product.

• True

• False

Development of supply chain management started in

• 2001

• 1943

• 1957

• 1900