Final answer:
Supply chain management is not merely concerned with the transportation of products but includes a wide variety of activities, such as sourcing, procurement, and inventory management. It is intertwined with logistics but is a much broader discipline that incorporates labor rights and advancements in technology to improve the supply chain.
Step-by-step explanation:
The statement that supply chain management is a subset of logistics and is ONLY concerned with the movement of products from point A to point B is false. Supply chain management is a broader concept that involves not only the physical movement of products but also encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities.
It includes the coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. More than just transportation, it includes aspects like inventory management, demand planning, and supply chain resilience, which may involve technology advancements, labor rights protection, and policies for national emergencies.
It's crucial to understand that supply chain management and logistics are interconnected, but supply chain management encompasses logistics and more. Technology plays a pivotal role in enhancing supply chain operations, including development in transportation methods and vehicles.
Altering labor policies and ensuring the protection of labor rights are also integral to a sustainable supply chain. The sharing of these advancements and improvements with developing countries may result in improved market distributions and more refined products.