Practice Quiz

Supply Chain Management

Category - Design and Improvement

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Why is information key to a better SCM design and function?
  1. It allows for a holistic approach to SCM.
  2. It allows for better logistics results.
  3. It promotes a greater outlook on shipment.
  4. None of the above.
Explanation
Answer: A - Information is the key to the design and function of a supply chain because it enables management to have a holistic approach to SCM and make decisions over a broad scope that includes both functions and companies. Successful supply chain strategy results are determined from viewing the supply chain as a whole rather than looking at each the individual stage.
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