_____ is defined by CSCMP as that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption to meet customers' requirements.
A) Supply management
B) Logistics management
C) Purchasing
D) Transportation management
E) None of the above.

Question

Quizplus · Accepted Answer

The definition provided matches with the definition of logistics management. Supply management is a broad term that includes procurement, inventory management, and supplier relationship management. Purchasing refers to the process of buying goods and services. Transportation management is a part of logistics management, which deals with the planning and execution of the transportation of goods from one place to another.

_____ Is Defined by CSCMP as That Part of Supply