Asked by Brooke Patterson on May 11, 2024
Verified
________ flows consist of data related to demand, shipments, orders, returns, and schedules, as well as changes in any of these data.
A) Financial
B) Information
C) Material
D) Supply
Bullwhip Effect
Erratic shifts in orders up and down the supply chain.
Information Flows
The movement or exchange of information within an organization or between entities, facilitating decision-making and operations.
Shipments
The process of transporting goods from one location to another.
- Understand different types of flows within supply chain management (SCM), including information, financial, and material flows.
Verified Answer
MB
meridian balloniMay 13, 2024
Final Answer :
B
Explanation :
Information flows consist of data related to demand, shipments, orders, returns, and schedules, as well as changes in any of these data, facilitating the coordination and management of supply chain activities.
Learning Objectives
- Understand different types of flows within supply chain management (SCM), including information, financial, and material flows.
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