What is 'supply chain management'?
A) The management of all suppliers in such a way that the expectations of the end users of the company are met or surpassed.
B) The management of all of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed. Purchasing
C) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services.
D) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed.

Question

What is 'supply chain management'? 
A) The management of all suppliers in such a way that the expectations of the end users of the company are met or surpassed. 
B) The management of all of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed. Purchasing 
C) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services. 
D) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed.

Quizplus · Accepted Answer

Supply chain management involves the management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services up from the raw materials suppliers, component suppliers, and other suppliers in such a way that the expectations of the end users of the company are met or surpassed. This includes purchasing, inventory management, logistics, and coordination with suppliers and distributors.

What Is 'Supply Chain Management