Asked by Rebecca Groen on Jul 09, 2024

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A goal of supply chain management is to:

A) gain competitive advantage by acquiring confidential information from chain members.
B) drive down prices through competitive online bidding.
C) reduce uncertainty and risks between and among members of the supply chain.
D) push inventory as far down the supply chain as possible.
E) increase competition by increasing the number of suppliers in the supply chain.

Competitive Advantage

The unique attributes or circumstances that allow a company to produce goods or services better or more cheaply than its competitors.

Supply Chain

The network of all entities involved in producing and delivering a final product to the consumer, including manufacturers, suppliers, and distributors.

Uncertainty Reduction

Efforts or strategies to decrease the ambiguity and lack of information in decision-making or forecasting future events.

  • Determine the function and influence of strategic coalitions and collaborations within the realm of supply chain management.
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AA
Andreu AlegreJul 11, 2024
Final Answer :
C
Explanation :
The goal of supply chain management is to reduce uncertainty and risks between and among members of the supply chain by improving communication, coordination, and collaboration between them. This leads to a more efficient and effective supply chain, better delivery times, and increased customer satisfaction. The other options, such as acquiring confidential information, price competition, pushing inventory down the chain, and increasing suppliers, are not the primary goals of supply chain management and may even have negative consequences on the supply chain's performance.