Asked by Talyn Rhodes on Jul 07, 2024
Verified
There are three principle supply chain information requirements that support effective decision-making. Which of the following is not one of the three?
A) Information must meet quality standards to support fact-based decision-making.
B) Information must readily flow within and between organizations.
C) Information must support multiple types of supply chain decisions.
D) Information must be in the form of real-time data.
Principle Supply Chain
Refers to the fundamental elements and processes involved in moving a product from supplier to customer, including production, transportation, and distribution.
Information Requirements
The specific data needs of a business or system to operate effectively and make informed decisions.
Fact-based Decision-making
The practice of making decisions based on the thorough analysis of factual data rather than intuition or observation alone.
- Identify the principle supply chain information requirements for effective decision-making.
Verified Answer
MS
Mason StricklandJul 12, 2024
Final Answer :
D
Explanation :
While real-time data is valuable, it is not one of the three primary information requirements for effective decision-making in the supply chain. The three primary requirements are that information must meet quality standards, flow readily within and between organizations, and support multiple types of supply chain decisions.
Learning Objectives
- Identify the principle supply chain information requirements for effective decision-making.