Asked by Allie Luker on May 11, 2024
Verified
Unfortunately, not many supply chain metrics exist that can be effectively used to evaluate performance within a company and for its supply chain partners.
Supply Chain Metrics
Quantitative measures used to assess the performance and efficiency of supply chain operations, including aspects like delivery times, costs, and inventory levels.
Performance Evaluation
The process of assessing and reviewing an employee's work performance by comparing it with preset standards and providing feedback.
- Understand various supply chain metrics to evaluate performance.
Verified Answer
SS
Savannah SmithMay 17, 2024
Final Answer :
False
Explanation :
There are actually many supply chain metrics available to evaluate performance, such as inventory turnover, order fill rate, delivery lead time, and cost of goods sold.
Learning Objectives
- Understand various supply chain metrics to evaluate performance.
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