The objective of every supply chain is to
A)minimize the overall cost generated.
B)maximize the net 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 net value generated, which means creating value for the customer while also generating profit for the manufacturer. This requires optimizing various factors such as cost, speed, quality, and flexibility. Simply minimizing cost or maximizing profit may not necessarily lead to the best overall outcome for both the customer and the manufacturer.

The Objective of Every Supply Chain Is to