A critical component of Supply Chain Management is ________.
A) identifying and securing suppliers
B) managing inventory
C) Both of the above.
D) Neither of the above.

Question

Quizplus · Accepted Answer

Both identifying and securing suppliers and managing inventory are critical components of Supply Chain Management. Identifying and securing reliable suppliers is necessary to ensure a consistent flow of goods and minimize disruptions in the supply chain, while managing inventory helps to reduce costs and optimize the use of resources. Both of these components are essential for effective supply chain management.

A Critical Component of Supply Chain Management Is ________