Practice Quiz

Supply Chain Manager Exam Prep

Category - Core Concepts

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What is the purpose of a value chain?
  1. To create value for producers.
  2. To create more value for customers as the product travels along the chain.
  3. To get extra returns on services for customers.
  4. To expand the value of logistics and merchandisers
Explanation
Answer: B - The idea behind a value chain is that your supply chain partners should do more for you than perform just simple functions. Each one should help you create more value for customers as the product travels through the chain.
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