Asked by Jarrett Covelli on Jun 17, 2024
Verified
Supply chain inventory management involves establishing operational design of the physical flow of goods and services,and managing information flows.
Supply Chain Inventory
This is the total of all the goods and raw materials held by different companies participating in the supply chain from production to the sale of the final product.
Physical Flow
The movement of physical goods and materials through a supply chain from suppliers to consumers.
- Apprehend the contribution of assorted inventory classifications in the orchestration of supply chain management.
Verified Answer
JM
Jessica MohannaJun 19, 2024
Final Answer :
True
Explanation :
This statement is true. Supply chain inventory management involves designing and managing the physical flow of goods and services, as well as coordinating and managing information flows to ensure efficient and effective inventory management.
Learning Objectives
- Apprehend the contribution of assorted inventory classifications in the orchestration of supply chain management.
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