Asked by Samantha Renee on Jul 07, 2024
Verified
Which of the following does not belong in the list of the seven principles of supply chain management?
A) Segment customers based on service needs
B) Differentiate products closer to the customer
C) Develop an outsourcing strategy to maximize asset utilization
D) Adopt channel-spanning performance measures
Asset Utilization
The degree to which a company or an organization makes effective use of its assets in generating revenue or achieving its objectives.
Channel-Spanning Performance Measures
Metrics that evaluate the effectiveness and efficiency of a company across multiple distribution channels or stages of the supply chain.
- Identify the basic concepts of supply chain management and how they are applied in today's world.
Verified Answer
RJ
recha joshiJul 11, 2024
Final Answer :
C
Explanation :
The principle of developing an outsourcing strategy to maximize asset utilization is not included in the seven principles of supply chain management. The other principles are segmenting customers based on service needs, differentiating products closer to the customer, synchronizing supply and demand, creating strategic partnerships with suppliers, adopting channel-spanning performance measures, and using technology to enable visibility.
Learning Objectives
- Identify the basic concepts of supply chain management and how they are applied in today's world.
Related questions
Explain the Role of Each of the Major Drivers of ...
Individuals in an Organisation Who Depend on the Results of ...
___________________ Is Managing the Organisation's Raw Materials, Work in Process ...
Scheduling Materials to Arrive on a Timely Basis at a ...
_________ Strategically Links All Operations Dealing with Resource Supplies ...