Which of the following components in the value chain is the activity of receiving supply storing products and managing inventory? Choose the answer
operations
marketing and sales outbound logistics
inbound logistics
Inbound logistics in the value chain is the activity of receiving supply storing products and managing inventory.
Explanation:
A value chain is very important aspect of a company to flourish its business and make it more efficient, by implementing strategies that helps in optimization of its procedures for the profitability to become maximum.
This system is responsible to create the lots of cost savings factors in terms of wages of employees alone.
The logistics strategy of having this work take place while customers are still shopping sends the strategic message that "we're all in this together."
