Question

Define the term supply chain and explain what scm systems attempt to do. What does supply chain simplification entail?

Answer 1

ANSWER:

the sequence of processes involved in the production and distribution of a commodity

EXPLANATION:

SCM attempts to centrally control or link the production, shipment, and distribution of a product. By managing the supply chain, companies can cut excess costs and deliver products to the consumer faster.Supply chain simplification is a straightforward concept in theory. It essentially means making the processes involved in supplying a product or service to customers less complicated.