For a supply chain to be efficient, all of the activities must be performed by organizations that are owned by the manufacturer.

Question

Quizplus · Accepted Answer

Supply chains are longer than channels of distribution and typically consist of many different organizations. A single supply chain might include farmers, mining companies, suppliers of all kinds, manufacturers, wholesalers, and retailers. Thus, it often is impractical for a manufacturer to own all organizations in the chain. New software is available which makes it possible to coordinate the movement of goods and information so that consumer wants can be translated into products with the least amount of materials, inventory, and time.

For a Supply Chain to Be Efficient, All of the Activities