The goal of supply chain management is having the right product in the right quantity at the right place at the right cost.

Question

Quizplus · Accepted Answer

This statement reflects the core objective of supply chain management, which is to optimize the flow of goods and materials from suppliers to customers, while minimizing costs and maximizing customer satisfaction. Achieving this goal requires effective coordination and collaboration among all stakeholders in the supply chain, including suppliers, manufacturers, distributors, retailers, and customers.

The Goal of Supply Chain Management Is Having the Right