Asked by Sumayyah Bachooa on May 04, 2024
Verified
Which of the following flows only one way as illustrated in the Integrated Supply Chain-Basics figure?
A) Information
B) Products and services
C) Financials
D) None of these answers
Integrated Supply Chain
A holistic approach to supply chain management that emphasizes the coordination and synchronization of all elements of the supply chain, from raw materials to end customer.
Financials
Pertains to the monetary aspects and performance of a business, including income, expenses, and profitability.
Products And Services
The combination of physical goods and intangible services that are offered by a business to satisfy the needs and wants of consumers.
- Expound on the contribution of information circulation to the enhancement of supply chain operations.
Verified Answer
BJ
Brigette JulietMay 09, 2024
Final Answer :
D
Explanation :
In an integrated supply chain, information, products and services, and financials all flow both ways (upstream and downstream) between suppliers, manufacturers, and customers. This two-way flow is essential for the coordination, efficiency, and responsiveness of the supply chain.
Learning Objectives
- Expound on the contribution of information circulation to the enhancement of supply chain operations.