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Given the legal, security, and regulatory requirements imposed by countries and trading blocs and their tax, environmental, and security agencies, what aspect of supply chain management has become a new major focus for supply chain managers

Answer :

Planning is the new major focus for supply chain managers in supply chain management.

Supply Chain Management

  • Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services.
  • It entails the deliberate simplification of a company's supply-side operations in order to optimize customer value and achieve a competitive edge in the market.
  • The foundation of SCM is the notion that almost all products that are sold are the result of the efforts of numerous companies that are connected by a supply chain.
  • Despite the fact that supply chains have been around for a very long time, most businesses have only recently recognized the value they can contribute to their operations.
  • SCM often starts with planning to align supply with customer and manufacturing demands in order to achieve the best results.

To learn more about Supply Chain Management refer to:

https://brainly.com/question/14511915

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