Performance measures in a supply chain:
A) Should be objective
B) Are viewed mostly by finance
C) Must be measurements of one parameter only
D) Concentrate on cost only
E) Are not used once a process is automated

Question

Quizplus · Accepted Answer

Performance measures in a supply chain should be objective, meaning they should be measurable, quantifiable, and provide a clear understanding of how the supply chain is performing. This helps to identify strengths and weaknesses and measure progress towards goals. It is not necessary that they are viewed only by finance, measure only one parameter, or concentrate on cost only. Also, they are used even after a process is automated for continuous improvement.

Performance Measures in a Supply Chain