Answer:
A. drive down inventory investment, lower delivery costs, and improve delivery reliability and speed.
Explanation:
Inventory investment is allocating resources to raw materials, finished goods, and work in progress. Supply managers will outsource logistics services to save costs and improve efficiency in inventory management.
Specialized logistics companies deliver raw material and distribute finished goods at a fast speed and lower cost. Outsourcing will present the supplies manager as reliable in the books of their customers.
Answer: strategic management
Explanation:
Strategic management is integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.
Strategic management simply had to do with the evaluation of business goals, vision of an organisation and objectives. For organizational goals to be achieved, effective strategies must be put in place.
