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Supply Chain Process and Range Complexity

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Supply Chain Process and Range Complexity

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Questions and Answers

What does supply chain management refer to?

Marketing the finished products to customers

Increasing the price of the coffee

Optimizing the overall supply chain network (correct)

Improving the taste of the coffee

Which of the following is a source of complexity related to global supply chains?

Network complexity (correct)

Product innovation

Consumer preference

Organizational efficiency

What can improve the flow of information among businesses along the supply chain?

Product proliferation

Supply chain communication (correct)

Supplier complexity

Outsourcing noncore activities

How can a supply chain become more complex according to the text?

By having more nodes and links Signup and view all the answers

What is the primary goal of supply chain management?

Enhancing product and information flows Signup and view all the answers

How can complexities be reduced in a global supply chain?

By improving market data access Signup and view all the answers

What does enhancing supply chain communication involve?

Enhancing the flow of information Signup and view all the answers

What is affected by the outsourcing of noncore activities within a supply chain?

Network efficiency Signup and view all the answers

What is crucial for the optimal running of logistics and transportation systems within a supply chain?

Ensuring access to relevant operations information Signup and view all the answers

How can supply chain management contribute to increased efficiency?

By enhancing product and information flows Signup and view all the answers