Which of the Following Is Not a Definition of SCM

question 4

Multiple Choice

Which of the following is not a definition of SCM?

• A) SCM is an integrating philosophy to manage the total flow of a distribution channel from supplier to the ultimate customer.
• B) SCM encompasses integrative management of the sequential flow of logistical, conversion and service activities from vendors to ultimate consumers necessary to produce a product of service efficiently and effectively.
• C) SCM is a strategic concept that involves the understanding and managing of the sequence of activities - from supplier to customer - that add value to the product supply chain.
• D) Supply chain management is the mathematical optimization of the supply chain system using formulas derived from operations research theory.
• E) Supply chain management is the collaborative effort of multiple channel members to design, implement, and manage seamless value-added processes to meet the real needs of the end customer.