Asked by Diego Lopez on May 31, 2024
Verified
In the ________ component of SCM, organizations coordinate the receipt of customer orders, develop a network of warehouses, select carriers to transport their products to their customers, and create an invoicing system to receive payments.
A) deliver
B) make
C) plan
D) return
E) source
SCM
The coordination and supervision of materials, finances, and information as they progress from the supplier, through manufacturing and distribution channels, to finally reach the consumer is referred to as Supply Chain Management.
Receive Payments
The process of collecting money or financial compensation for goods provided, services rendered, or as a settlement of obligations.
Customer Orders
Requests made by customers for goods or services from a business, which need to be fulfilled.
- Identify and describe the components of supply chain management (SCM).
Verified Answer
Learning Objectives
- Identify and describe the components of supply chain management (SCM).
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