Which of the following movement of products clearly defines the term "Inbound Logistics"?
In Michael Porter's Value Chain and supply chain management, Inbound Logistics refers to the receiving, warehousing, and inventory control of raw materials and components…
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Which of the following movement of products clearly defines the term "Inbound Logistics"?
Answer and explanation
Correct answer A
In Michael Porter's Value Chain and supply chain management, Inbound Logistics refers to the receiving, warehousing, and inventory control of raw materials and components moving from 'Suppliers to the company'. Movement from the company to resellers and customers constitutes Outbound Logistics.
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UGC NET Management