Supply Chain vs

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Questions and Answers

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?

  • 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?

  • 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?

<p>SCM is responsible for strategic coordination of all supply chain activities, while Logistics Management is responsible for the tactical execution of transportation and warehousing. (B)</p> Signup and view all the answers

What is the key difference between Supply Chain Management (SCM) and Logistics Management?

<p>SCM involves the strategic coordination of all supply chain activities, while Logistics Management focuses on the tactical execution of the movement and storage of goods. (A)</p> Signup and view all the answers

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