Question

If an organization uses supply chain management to increase its profits then it is doing what?

a. increasing revenue by selling customers higher-end products
b. decreasing costs by cutting employee salaries and benefits
c. decreasing costs by lowering inventory and sharing information with distributors
d. increasing revenue by providing dedicated customer service

Answer 1

The supply chain management refers to the flow that the product has to go through starting from the supplier then lastly to the consumer. So if an organization uses this type of management to increase its profits, then it is decreasing costs through decreasing inventory and sharing information with distributors. Answer is C.