Why is it important to control the supply chain?
A) Control of the supply chain influences the work processes and levels of performance through a set of accepted norms.
B) As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.
C) It is effective in ensuring that performance standards are being met.
D) It increases employee commitment and workers taking responsibility for their performance.
E) Controlling the supply chain means it can be used to monitor employees and assess job satisfaction, engagement, and leadership.

Question

Quizplus · Accepted Answer

The supply chain is the sequence of suppliers that contribute to creating and delivering a product, from raw materials to production to final buyers. Supply chains are a major cost center for most companies, and the way firms structure the distribution of their products can have enormous financial impact. In recognition of this impact, companies are paying closer attention to the sourcing, shipping, and warehousing of their products and of the ingredients and component parts they require.

Why Is It Important to Control the Supply Chain