Although Planning Involves Determining How the Various Supply Chain Processes

question 55

True/False

Although planning involves determining how the various supply chain processes (sourcing, making, delivering, and returning) will be met, planning itself is not considered a supply chain process.

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Definitions:

Idea Generation

The creative process of coming up with new ideas, often the first step in the development of new products or strategies.

Rejecting Goods

The act of a buyer refusing to accept delivery of products or services because they do not meet the specified requirements or standards.

Services

Intangible actions or performances that one party can offer to another that does not result in the ownership of anything.

Intangible Products

Goods that cannot be seen, touched, or physically measured, such as services or digital products.