A company's ability to monitor and manage its value-added processes as well as those of its SC partners depends on its measurement capability.

Question

Quizplus · Accepted Answer

A company's measurement capability is crucial for monitoring and managing its own value-added processes and those of its supply chain (SC) partners, as it allows for the assessment of performance, identification of improvement areas, and facilitation of better decision-making.

A Company's Ability to Monitor and Manage Its Value-Added Processes