supply chain management

it is the flow of goods and services and includes all processes that transform raw materials into final products.

• Supply Chain Management

• 1. Inventory Control

• 1. Production Management

• 1. Logistics Optimization

it is the process of accurately planning the journey of a material or a product right from the raw material stage to the final consumer.

• Manufacturing

• Sourcing

• Planning

• Delivering

• Returning

it is the act of buying goods, including seller selection, contract negotiation and measuring the long-term performance of your suppliers

• manufacturing

• palnning

• returning

• Sourcing

• delivering

Transforms raw materials by using machinery, labor, or other external forces to make a new product.

• manufacturing

• planning

• returning

• sourcing

• delivering

Supply chain management also involves consumer integration. Logistics comprises arranging deliveries, dispatching loads, invoicing clients, and receiving payments.

• manufacturing

• planning

• returning

• sourcing

• delivering

All returned products undergo post-delivery customer support. Reverse Logistics is another name.

• manufacturing

• planning

• returning

• sourcing

• delivering

what are the 5 parts of supply chain management?

• Planning, Sourcing, Manufacturing, Delivering, Returning

• Inventory Management, Distribution, Customer Service, Sustainability, Technology Integration

• Procurement, Quality Control, Transportation, Warehousing, Reverse Logistics

• Demand Forecasting, Supplier Relationship Management, Order Fulfillment, Risk Management, Market Research

Supply chain managers "oversee and manage overall supply chain and logistic operations to maximize efficiency and minimize the cost of organization's supply chain"

• true

• false

Operations management in a supply chain is critical to ensuring that goods and services won't delivered on time and in the not in correct quantities.

• true

• false

Who is program head of the CHIM