The Process of Managing the Movement of Raw Materials, Parts

question 261

True/False

The process of managing the movement of raw materials, parts, work in progress, finished goods, and related information through all of the organizations involved in the supply chain in a timely manner is called multi-modal management.

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Definitions:

Industrial Services

Services provided to other businesses in the industrial sector, including maintenance, repair, and operations support.

Accessory Equipment

Auxiliary devices or attachments that are not integral to the main system but enhance its functionality or usability.

Components

The parts or elements that make up a larger system, machine, or piece of equipment.

Final Business Product

The last product offered by a business to its customers, which may have undergone several stages of development or refinement.