The objective of every supply chain is to
A) minimize the overall cost generated.
B) maximize the overall value generated.
C) minimize the cost to the manufacturer.
D) maximize the profit of the manufacturer.

Question

Quizplus · Accepted Answer

The objective of every supply chain is to maximize the overall value generated, which includes not only minimizing costs but also maximizing customer satisfaction, efficiency, and overall effectiveness. While minimizing costs may be an important part of achieving this objective, it is not the sole focus of a supply chain. Maximizing profit or minimizing costs to the manufacturer may be important goals for the company, but they are not the sole objectives of the supply chain as a whole.

The Objective of Every Supply Chain Is to