Brian and Dom have pooled their resources and have started a major logistics company that transports produce such as potatoes, maize meal and carrots. Their depot is based in Midrand, Gauteng. The pair wants to grow the business and has therefore sought your assistance as a supply chain scholar to assist with the following questions that they have for you. Both partners understand the need to measure performance, however, Dom prefers to have financial performance measures and Brian prefers to have nonfinancial measures. Advise the partners on which performance measure/s you believe should be used. Justify your stance by discussing at least three key points.
Brian and Dom have pooled their resources and have started a major logistics company that transports produce such as potatoes, maize meal and carrots. Their depot is based in Midrand, Gauteng. The pair wants to grow the business and has therefore sought your assistance as a supply chain scholar to assist with the following questions that they have for you. Both partners understand the need to measure performance, however, Dom prefers to have financial performance measures and Brian prefers to have nonfinancial measures. Advise the partners on which performance measure/s you believe should be used. Justify your stance by discussing at least three key points.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Brian and Dom have pooled their resources and have started a major logistics company that
transports produce such as potatoes, maize meal and carrots. Their depot is based in Midrand,
Gauteng. The pair wants to grow the business and has therefore sought your assistance as a
supply chain scholar to assist with the following questions that they have for you.
Both partners understand the need to measure performance, however, Dom
prefers to have financial performance measures and Brian prefers to have nonfinancial measures. Advise the partners on which performance measure/s you
believe should be used. Justify your stance by discussing at least three key points.
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