Yes, supply chain management is designed to coordinate and integrate all the activities from raw materials to product consumption.

No, supply chain management is only applicable to distribution strategies for products being sold in the business market.

Yes, supply chain management, unlike other management philosophies, is not customer-driven.

No, supply chain management requires an extensive investment in time and resources to make it worthwhile.

It helps eliminate the process of customer relationship management.

It reduces the interactions between companies and their customers.

It helps adjust the speed of the assembly line to match customer demand.

It enables companies to enhance their customer service management process.

focusing on how to reduce interactions among suppliers, manufacturers, and end users.

emphasizing short-term initiatives to preserve resources for the next production cycle.

the use of the least expensive manufacturing, materials-handling, and transportation systems as part of the supply chain management process.

the integration and balancing of environmental, social, and economic thinking into all phases of the supply chain management process.

increases the number of stages and participants in the supply chain.

moves inventory into, within, and out of a warehouse quickly with minimal handling.

helps firms maintain their inventory at the highest levels possible.

enables firms to increase the number of people handling their raw materials, supplies, and components.

The supplier relationship management process has no impact on any supply chain member's bottom-line financial performance.

It helps suppliers and business units to operate with limited or no interactions.

It supports manufacturing flow by identifying and maintaining relationships with highly valued suppliers.

The supplier relationship management process has nothing in common with the customer relationship management process.

mediator.

third-party logistics company.

federal administrative agency.

job shop.

Manufacturing flow management

Customer service management

Demand management

Returns management

reduce the costs of raw materials and supplies.

engage a segment of customers who might not purchase the product otherwise.

eliminate other significant management activities.

limit the interactions between firms and their suppliers.

It helps companies limit the resources they spend on activities that create direct customer benefits.

It seeks to reduce the interactions between a company and its suppliers and service providers.

It enables a company to offer better customer service but at an increased supply chain cost.

It allows companies to adapt quickly and easily to customer needs.

Supplier relationship management

Returns management

Product development and commercialization

Order fulfillment

Increases risk of damage

Decreases product handling

Lowers customer stockouts

Increases time utility

It seeks to align supply and demand throughout the supply chain by anticipating customer requirements at each level.

It deals with ensuring that firms in the supply chain have the required resources to manufacture with flexibility.

It deals with situations in which customers choose to return a product to the retailer or supplier, thereby creating a reverse flow of goods within the supply chain.

It includes the group of activities that facilitates the joint development and marketing of new offerings among a group of supply chain partner firms.

flexible manufacturing system.

materials-handling system.

contract manufacturing system.

outsourcing system.

provide structural support for developing and maintaining relationships with their respective supply chain partners.

ensure that relationally integrated supply chains operate in an environment that has no set rules or procedures.

fail to directly impact a firm's profitability and its ability to commercialize new offerings.

eliminate the manufacturing flow management process within companies by removing unnecessary steps in the supply chain.

require the manufacturer to keep inventory levels as high as possible.

help manage inventory from manufacturer to end user rather than from the suppliers to the manufacturer.

use various inputs, such as sales forecasts, available inventory, and so on, to determine what needs to be done to replenish goods at all points in the supply chain.

prohibit the use of buffer stocks as insurance against unexpected demand increases.

minimize inventory levels while maintaining an adequate supply of goods to meet customer demands.

maintain the highest possible inventory of raw materials and finished goods as buffer stocks.

act as an alternative to supply chain management in firms.

create regular customer stockouts so that the demand for products increases.

outsourcing.

mediation.

intermediary distribution.

benchmarking.

It requires several individual companies or business units to act in isolation in order to offer superior service to customers.

It creates performance assessments that help measure the performance of the supply chain as a whole without holding each individual firm or business unit accountable for meeting its goals.

It includes the ways in which two or more companies will collaborate on activities or projects so that a customer gains the maximum amount of total value possible from the supply chain.

It involves the creation and maintenance of information technology systems that help managers across the firms in the supply chain function independently from one another.

Reduced operational flexibility

Improved customer service

Reduced interactions between companies and their suppliers

Increased ability to perform in isolation

moves inventory into, within, and out of a warehouse quickly with minimal handling.

eliminates the expense of storing inventories.

helps maintain a high level of buffer stock in the warehouse.

increases the number of participants in the supply chain.

It enables firms to manage volumes of returned product efficiently while minimizing returns-related costs and maximizing the value of the returned assets to the firms in the supply chain.

It orchestrates the movement of goods, services, information, and other materials from manufacturer to end user.

It includes the group of activities that facilitates the joint development and marketing of new offerings among a group of supply chain partner firms.

It encompasses the sourcing and procurement operations, signaling when raw materials will need to be replenished for the production of more goods.

outsourcing

nearshoring

electronic distribution

mass customization

Supply chain integration

Supply chain resiliency

Supply chain sustenance

Supply chain risk

sustainable supply chain management

flexible manufacturing

contract manufacturing

just-in-time inventory management