Total Supply Chain Costs encompass which of the following?

Total Supply Chain Costs represent the comprehensive expenses incurred throughout the entire supply chain process, which includes various elements beyond just purchasing or production. The correct choice reflects the understanding that total supply chain costs also incorporate costs associated with order fulfillment and the management of returns. This highlights the importance of effectively managing both the delivery of goods to customers and handling returns, as they both contribute significantly to the overall costs incurred by a business.

Considering alternative options, focusing solely on purchasing costs of raw materials does not provide a complete picture of the supply chain costs, as it neglects the costs related to fulfillment and returns. Similarly, limiting the view to production costs ignores the crucial stages of logistics and customer management. Lastly, while logistics and marketing are essential, they alone do not encompass all the expenses that arise in the supply chain, particularly those directly related to order processing and returns. Thus, the chosen answer accurately captures a broader aspect of total supply chain costs, exemplifying their multifaceted nature.