Which of the following determines the nature of procurement of raw materials,transportation of materials to and from the company,manufacture of the product or operation to provide the service,and distribution of the product to the customer along with follow-up service?

A) Competitive strategy
B) Product development strategy
C) Marketing and sales strategy
D) Supply chain strategy

Supply Chain Strategy

An operational framework designed to achieve competitive advantage and optimize efficiency, focusing on the flow of goods, information, and finances from supplier to customer.

Procurement

The method of locating, negotiating terms, and obtaining products, services, or projects from an outside source, typically through a tendering or competitive bidding procedure.