Podcast
Questions and Answers
What is the main focus of Supply Chain Management (SCM) and Logistics Management?
What is the main focus of Supply Chain Management (SCM) and Logistics Management?
- SCM focuses only on the storage of goods, while Logistics Management focuses on the movement of goods from suppliers to manufacturers.
- SCM focuses on the entire supply chain from raw materials to the end customer, while Logistics Management focuses on the movement and storage of goods. (correct)
- SCM focuses on the movement and storage of goods, while Logistics Management focuses on the entire supply chain from raw materials to the end customer.
- SCM focuses on the movement of goods, while Logistics Management focuses on the storage of goods.
What distinguishes Supply Chain Management (SCM) from Logistics Management?
What distinguishes Supply Chain Management (SCM) from Logistics Management?
- SCM is only concerned with international logistics, while Logistics Management focuses on domestic logistics.
- SCM is primarily concerned with warehouse management, while Logistics Management focuses on transportation.
- SCM involves strategic coordination of all supply chain activities, while Logistics Management is more focused on tactical execution of the movement and storage of goods. (correct)
- SCM only deals with transportation, while Logistics Management deals with inventory management and warehousing.
What is the scope of Supply Chain Management (SCM) compared to Logistics Management?
What is the scope of Supply Chain Management (SCM) compared to Logistics Management?
- SCM has a broader scope, encompassing procurement, production, transportation, and distribution, while Logistics Management is more focused on transportation and warehousing. (correct)
- SCM is limited to transportation and warehousing, while Logistics Management encompasses the entire supply chain process.
- SCM only deals with international logistics, while Logistics Management focuses on domestic logistics.
- SCM focuses on inventory management, while Logistics Management focuses on order fulfillment.
What are the primary responsibilities of Supply Chain Management (SCM) and Logistics Management?
What are the primary responsibilities of Supply Chain Management (SCM) and Logistics Management?
What is the key difference between Supply Chain Management (SCM) and Logistics Management?
What is the key difference between Supply Chain Management (SCM) and Logistics Management?
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