Supply Chain Re-Engineering and Ecosystem Assessment
Module 5 • 10 Questions
Question 1 of 10
0 of 10 answered
How does entire supply chain management differ from traditional logistics management in terms of the three states of a product?
A
Logistics covers conversion only, while SCM covers movement only.
B
Both cover all three states; SCM simply uses more technology.
C
Traditional logistics focuses on the movement and hold (storage) states, while SCM adds the conversion state and the multiplicity of actors across the network, prioritizing total value flow to the end customer.
D
SCM excludes storage because modern chains hold zero inventory.