When a company shares information to improve the overall flow through a system composed of companies working together,it is engaging in which of the following?
A) Distribution chain management
B) Total quality management
C) Supply chain management
D) Service channel analysis
E) Supplier selection analysis

Question

Quizplus · Accepted Answer

Supply chain management involves coordinating and integrating all of the activities involved in producing and delivering products or services to customers. This includes sharing information among the various companies involved in the supply chain to improve overall efficiency and effectiveness. Distribution chain management, total quality management, and service channel analysis are related concepts but do not specifically focus on the coordination of information sharing in a supply chain. Supplier selection analysis is a more specific activity within supply chain management but does not encompass the broader goal of improving overall flow through the system.

When a Company Shares Information to Improve the Overall Flow