………… emphasis on ‘to do what you are best at and leave all other non- value-added activities to more suited players’.

Related MCQs

• ………..is a predictable degree of uniformity and dependability,at low cost and suited to the market.
• The business activity of farming out identified non-core activities to external agencies came to be known as………
• ………….. process in supply chain includes all activities necessary for managing the product flow through the manufacturing facilities and for obtaining ,implementing and managing flexibility.
• …………..system in logistic management refers to a set of activities concerned with storage and flow of all materials,information and control system in a cost-efficient manner.
• In supply chain process………….is defined as “the act of buying all those activities necessary to acquire goods and services consistent with user requirements.
• The process of identifying other organizations that are best at some facet of your operations and then modeling your organization after them is known as
• Logistics activities provide the bridge between production and market locations that are separated by ……..and……..
• _______ analysis relates to what processes, activities, and decisions actually create costs in your supply chain.
• Budgeting, paying the bills, and collection of funds are activities associated with the
• Apart from economic and non-economic benefits ,…………is the main artery of logistics and supply chain management for the movement of goods.