Supply Chain Management aims to reduce lead times, not increase them.

The supply chain network is designed to facilitate the flow of goods and services from suppliers to customers.

Engineer-to-order is not a supply chain strategy, but rather a product development strategy.

Logistics encompasses all aspects of managing the flow of goods, including transportation, distribution, warehousing, and inventory management.

Inventory management aims to ensure that the right products are available in the right quantities at the right time.

Transportation cost is not an inventory cost, but rather a logistics cost.

The Economic Order Quantity (EOQ) is the optimal quantity of inventory to order at a time to minimize total inventory costs.

Pipeline is not a mode of transportation, but rather a type of infrastructure used to transport fluids.

Transportation Mode Selection is the process of selecting the most cost-effective mode of transportation for a given shipment.

Vendor Managed Inventory (VMI) is not a warehousing strategy, but rather an inventory management strategy.

Supply Chain Integration is the process of coordinating the flow of information between different members of the supply chain.

Supply chain integration aims to reduce lead times, not increase them.

Supply Chain Technology encompasses all aspects of using technology to improve supply chain operations.

Customer Relationship Management (CRM) Systems are not specifically designed for supply chain management.

Supply Chain Optimization is the use of mathematical models and algorithms to optimize supply chain operations.