Question

Which of the following are not key attributes of supply chain management?
(A) inventory control
(B) leverage technology
(C) customer power
(D) All of these

Answer 1

Answer:

(A) Inventory Control

Answer 2

Customer power is not a key attribute of supply chain management.

Explanation:

Supply chain management includes all methods to change raw materials to final products, it is the management of the flow of services and goods. Discussion of the options are given below:

• Inventory control: To avoid costly problems like shortages, overstocks it is the process of keeping the right number of parts and products in stock.  
• Leverage technology: To increase the potential return of an investment, a leverage investment strategy is used.
• Customer power: Customer power refers to the capacity of a specific market to a certain amount of goods and services. This means it is not a key attribute of supply chain management.