The Systematic Decision-Making Process That Operations and Supply Chain Managers

question 77

Multiple Choice

The systematic decision-making process that operations and supply chain managers rely on consists of ______ steps:

• A)five
• B)six
• C)seven
• D)eight

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Definitions:

Sustainable Sourcing

A process of purchasing goods and services that takes into account the long-term impact on people, profits, and planet.

Near-Sourcing

The practice of transferring a business operation or project closer to where it is consumed or where the product is sold, aiming to reduce transportation costs and time.

Intermodal Transportation

The movement of goods in one and the same loading unit or vehicle by successive modes of transport without handling the goods themselves in changing modes.

Contract Carrier

A transportation service provider for hire that enters into an agreement with specific customers to transport goods or passengers.