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Question: 1 / 400

Which process involves getting products to the store while managing liability and risk?

Supply Chain

The correct process that involves getting products to the store while managing liability and risk is the supply chain. The supply chain encompasses the entire network involved in the production, shipment, and distribution of goods from the raw materials stage to the final product delivered to the end consumer. This includes sourcing materials, manufacturing, logistics, and distribution.

One of the key aspects of supply chain management is the mitigation of risks and liabilities at every level. Issues such as supplier reliability, transportation risks, regulatory compliance, and inventory management are considered to ensure that products are delivered efficiently and safely to the store.

While logistics specifically refers to the transportation and storage of goods, and distribution pertains to the actual delivery of products to retailers or consumers, supply chain management encompasses these areas within a broader context and incorporates the strategic planning necessary to manage risks effectively throughout the entire process. Warehousing is focused more on the storage aspect, which is just one component of the supply chain.

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Logistics

Distribution

Warehousing

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