Supply's contribution to the organization's competitive position depends on its ability to:

A) reduce costs.
B) enhance revenues.
C) manage assets.
D) reduce costs,enhance revenues,and manage assets.
E) reduce costs and manage assets.

Question

Wittney Swyers · Accepted Answer

Final Answer : D, Explanation :  Supply's contribution to the organization's competitive position depends on its ability to reduce costs, enhance revenues, and manage assets. Supply chain management plays a critical role in improving efficiency, reducing costs, and generating revenue. Effective supply chain management helps organizations to optimize their inventory levels, reduce lead times, enhance product quality, and deliver products to their customers on time. It also helps to manage assets effectively, such as by reducing excess inventory or by optimizing the use of transportation equipment. By doing so, organizations can create a competitive advantage, which is crucial in today's highly competitive business environment.

Supply's contribution to the organization's competitive position depends on its ability to:

A) reduce costs.
B) enhance revenues.
C) manage assets.
D) reduce costs,enhance revenues,and manage assets.
E) reduce costs and manage assets.

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Learning Objectives

Learning Objectives

Related questions

Supply's contribution to the organization's competitive position depends on its ability to:A) reduce costs.B) enhance revenues.C) manage assets.D) reduce costs,enhance revenues,and manage assets.E) reduce costs and manage assets.

Definitions

Learning Objectives

Learning Objectives

Related questions

Supply's contribution to the organization's competitive position depends on its ability to:

A) reduce costs.
B) enhance revenues.
C) manage assets.
D) reduce costs,enhance revenues,and manage assets.
E) reduce costs and manage assets.