Managing the entire value added flows of materials and products both upstream and downstream is known as:
A) channel management.
B) supply chain management.
C) logistics.
D) value delivery network management.
E) none of the above

Question

Quizplus · Accepted Answer

Supply chain management involves overseeing the entire process of moving goods and services from the supplier to the customer, including all aspects of production, transportation, and distribution. It encompasses the flow of materials, money, and information between businesses and organizations involved in the creation and delivery of a product or service.

Managing the Entire Value Added Flows of Materials and Products