Question

____ includes the planning, executing, and controlling of all activities involved in raw material sourcing and procurement, converting raw materials to finished products, and the warehousing and delivering finished product to customers.

Answer 1

Answer:

Supply chain management

Explanation:

Managing the supply chain relates to maintaining the day-to-day operations related to the goods and services.  

The goal is to turn the raw material into the finished goods by going through the manufacturing work cycle so that the product is ready to be sold and shipped to the consumer with specified time and exact location.

In turn, it also focuses on achieving a strategic edge and increasing customer satisfaction.