Asked by Marissa Martinez on Jun 27, 2024
Verified
In the SCOR model there are five major categories of metrics that need to be used to measure the performance of Process D1: reliability, _____, agility, costs, and asset management.
A) ROA
B) responsiveness
C) supply chains
D) cash-to-cash cycle
Cash-to-Cash Cycle
The time period between when a business pays cash to its suppliers for inventory and receives cash from its customers for goods or services sold.
Responsiveness
The ability of an organization or system to quickly and effectively adapt to changes or respond to customers.
ROA
Return on Assets, a financial metric indicating how profitable a company is relative to its total assets, measuring efficiency in using assets to generate earnings.
- Familiarize with the SCOR model and the metrics used to measure supply chain performance.
Verified Answer
Learning Objectives
- Familiarize with the SCOR model and the metrics used to measure supply chain performance.
Related questions
The SCOR Model Provides Suggested Metrics ...
Another Metric Classification Scheme That Has Been Receiving Increased Attention ...
Choosing Suppliers Simply Based on the Lowest Bid Has Become ...
Unfortunately, Not Many Supply Chain Metrics Exist That Can Be ...
Performance Measurement Is Important Because ...