Supply Chain Management
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Questions and Answers

Which of the following is a key benefit of supply chain management?

  • Supports just-in-time stock models
  • Improves productivity and business functions (correct)
  • Increases warehouse and transportation costs
  • Decreases customer satisfaction

What is the main goal of supply chain management?

  • To increase costs
  • To delay product delivery
  • To minimize inventory management
  • To enhance customer relationships (correct)

What does supply chain management assist companies in adapting to?

  • Expanding consumer expectations
  • Globalization and economic upheaval (correct)
  • Increasing transportation costs
  • Challenges of warehouse management

What does supply chain management aim to minimize?

<p>Direct and indirect costs (D)</p> Signup and view all the answers

What does supply chain management help achieve?

<p>Shipping of right products to the right place at the right time (A)</p> Signup and view all the answers

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