Supply Chain Management Overview

Maximizing customer satisfaction

Minimizing costs throughout the supply chain

Coordinating logistics and inventory management (correct)

Ensuring the quality of the final product

Supply chain management is limited to manufacturing, while value chain includes service delivery

Supply chain is customer-oriented while value chain is supplier-oriented

Supply chain encompasses all stages of production while value chain focuses only on the production process

Supply chain management deals with logistics, while value chain addresses activities that create customer value (correct)

An organizational structure focused on production efficiency

A sequence of supply activities leading to cost reduction

A network of suppliers and distributors managing product flow

A series of processes that enhance customer satisfaction directly (correct)

<p>Production processes that include logistics</p> Signup and view all the answers

<p>It is solely concerned with manufacturing activities</p> Signup and view all the answers