Question

The goal of _____ is to reduce costs and improve customer service, while at the same time reducing the overall investment in inventory in a supply chain.

Answer 1

Answer:

Supply chain management

Explanation:

Supply chain management is a key feature of every organisation to maintain the flow of supply chain. The supply chain management is responsible to keep a check on the inventory, and the movement of goods and services. They are responsible to provide the final goods and services, improve the customer’s service, and to reduce the overall cost of inventory management.