Worachek 82442 Kelsey Fors 41747 Dale Kleffman 05498 BA3610-HW Dr. Graman Q11.1) Define Supply Chain Management.

Worachek 82442 Kelsey Fors 41747 Dale Kleffman 05498 BA3610-HW Dr. Graman Q11.1) Define Supply Chain Management. Management of activities that procure materials and services, transforming them into intermediate goods and final products, and delivering the products through a distribution system. Q11.2) What are the objectives of supply-chain management? To build a chain of suppliers that focus on maximizing value to the ultimate customer, Minimize costs, maximize performance, minimize inventory, there are many others that really depend on a company"s strategy. Q11.3) What is the objective of logistics management? Obtaining efficient operations through the integration of all material acquisition, movement and storage activities. Q11.5) What is Vertical Integration?