What are the objectives of effective supply chain management?
What will be an ideal response?
By managing the supply chain, effective organizations improve business operations, manage inventories, and reduce costs. Their primary objectives are to move product through the supply chain in a cost effective manner. The critical elements of a supply chain are inventory management, information sharing, e-commerce, logistics, and purchasing.
You might also like to view...
The study of ethics deals with taking an appropriate course of action based on what is:
a. moral c. moral or immoral b. immoral d. neither moral nor immoral
The RMS (root-mean-____) value is also called the ____ value.
a. square; AC/DC b. sine; AC/DC c. square; effective d. sine; effective
Which is the best approach to conflict resolution?
a. Avoid conflict b. Compromise c. Collaboration d. None of the above
Traditionally the first fixed date of ancient Greece is 776 BCE, when
a. the Iliad was first written down in the Athenian polis. b. the funeral games to honor the dead were held in Greece. c. a pan-Hellenic festival was convened at Olympia. d. the first temples as sites of worship were dedicated to the Olympian gods.