Question

The supply chain management element that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements is also referred to as?

1) Operations
2) Transportation planning
3) Logistics
4) Procurement

Answer 1

Logistics is the supply chain management element that plans, implements, and controls the flow of goods, services, and information between the point of origin and consumption to meet customers' requirements.

Step-by-step explanation:

The supply chain management element that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements is referred to as Logistics.