Supply chain management is: a. Is both external and internal to an organization b. Is only external to the organization c. Is only internal to the organization d. Is limited only to the operations management function

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Business

Jaylyn

3 March, 17:31

Supply chain management is: a. Is both external and internal to an organization b. Is only external to the organization c. Is only internal to the organization d. Is limited only to the operations management function

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Shadow · Answer 1

c. Is only internal to the organization

Explanation:

Supply chain refers to all the activities involved which convert raw materials into finished products. It aims at gaining competitive edge along with providing customer satisfaction.

An efficient supply chain leads to lower costs and prompt delivery of products to the customers.

As supply chain activities begin from the stage, raw materials are acquired and ends when a product is created, such activities are internal to an organization in the sense it involves activities which operate within an organization.