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Modern supply chains have become______________. (S) 1. More complex 2. Interconnected 3. All other answers describe...

Modern supply chains have become______________. (S)

1.

More complex

2.

Interconnected

3.

All other answers describe modern supply chains

4.

Multilayered

0 0
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Answer #1

The correct answer is option 3.

Supply chain management (SCM) is the managing the flow of goods and services. In the globalization era, SCM is giving attention to global systems of suppliers relationship and expanding supply chain globally. This is done to increase the competitive advantage, adding value, and reducing costs through global sourcing.

A supply chain is most efficient when products reach their destination at minimum cost. This type of supply chain focus on eliminating unnecessary expense by optimization, using high quality partners, proper inventory management and focusing on customer satisfaction.

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