Question: How do the terms supply chain management and procurement differ from each other? Supply chain management _ _ _ _ _ _ _ ; whilst
How do the terms supply chain management and procurement differ from each other?
Supply chain management ; whilst procurement
Select one:
a
forms part of procurement; is the management of the supply chain process
b
aims at adding value, increasing an organisations efficiency, sustainability and customer service; refers to production methodologies, product design with the environmental impact in mind, total quality management and various endoflife practices
c
entails the management of materials, information and finances as they move in an integrated process from a supplier network to a manufacturer to different wholesalers andor retailers; deals with only the suppliers of an organisation, upstream in the supply chain
d
deals with only the suppliers of an organisation, upstream in the supply chain; refers to the management of materials, information and finances as they move in an integrated process from a supplier network to a manufacturer to different wholesalers andor retailers
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