3 Questions
Match the following with their primary focus:
Operation Management = Managing the production of goods or services Supply Chain = Managing the flow of goods and services Inventory Management = Managing stock levels and movement of goods Customer Relationship Management = Managing interactions with current and potential customers
Match the following with their key objective:
Operation Management = Ensuring efficient use of resources in production Supply Chain = Optimizing the movement of products from supplier to consumer Inventory Management = Minimizing costs while maintaining adequate stock levels Quality Management = Ensuring products or services meet customer expectations
Match the following with their impact on efficiency:
Operation Management = Streamlining internal processes for productivity Supply Chain = Reducing lead times and enhancing responsiveness Inventory Management = Minimizing stockouts and excess inventory Logistics Management = Coordinating the movement of goods from origin to consumption
Test your knowledge of operations management, supply chain, inventory management by matching key concepts with their primary focus, key objectives, and impact on efficiency.
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