Supply Chain Management is about three main phases. These are:

In the video that we have watched about SCM in a cruise ship, there are:

The third component of supply chain management is:

True or False: Sourcing is a process phase of supply chain management

True or False: Delivering is under an outbound phase of supply chain management.

True or False: Planning is under an outbound phase of supply chain management.

__________ also refers to the flow of materials, information, payments, and services from raw materials suppliers, through factories and warehouses, to the end customers

The supply chain begins with:

The goal of supply chain management is to improve the following except

True or False: In anticipation of the right amount of inventory, sales forecast and actual orders can be used.

True or False: To achieve the goal of stability, consistency should be employed in the company's operation.

True or False: The goal of stability is about the total customer's positive experience and satisfaction.

Finding the appropriate suppliers who can deliver the quality and quantity you 

require at a price point that allows you to make a profit is called ____________.

Every activity that revolves around identifying and assessing potential suppliers, as well as selecting and engaging with an appropriate supplier who offers the best 

value is included in the _________________ process.

In a supply chain context, a manufacturer's products may be returned from intermediaries or they may be consumers.

Also known as reverse logistics.

________ is the management of the flow of goods.

__________is the amount of extra stock kept on hand to reduce the risk of running out of raw materials or finished goods due to supply or demand fluctuations.

It is the proactive process of coordinating assets in order to optimize the delivery of goods, services, and information from the supplier to the customer while balancing supply and demand. This is carried out prior to sourcing.

The process of converting raw materials into finished products.