Which of the following best describes supply chain intermediaries?

Study for the Supply Chain Management Exam. Prepare with multiple choice questions, each question comes with detailed explanations. Ace your exam with confidence!

Supply chain intermediaries play a crucial role in the overall functioning of supply chains by facilitating the flow of products and information between different entities. They act as a bridge between producers and consumers, ensuring that goods move efficiently from manufacturers to retailers or end users. This includes a variety of activities such as logistics management, transportation coordination, inventory management, and communication of information regarding demand and supply.

By enabling these functions, intermediaries help reduce the distances and times involved in the supply process, making it easier for businesses to operate smoothly. Their involvement not only enhances efficiency but also adds value by allowing specialized companies to handle particular aspects of the supply chain, leading to better overall organizational performance.

The other options do not fully capture the essence of what supply chain intermediaries do. Some may focus narrowly on aspects like selling, storage, or manufacturing, which are just parts of the wider responsibilities that intermediaries hold in the complex landscape of supply chains.

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