Explain the role of perfomance measurement in managing supply chain activities
Explain the role of perfomance measurement in managing supply chain activities
Supply chain plays an integral role in the movement of goods from the manufacturer to the final consumer. There are various intermediaries which are involved in the process of these movements. It also helps in coordinating the efforts related to transportation, storage of the goods. It is important to have efficient supply chains so that the product reaches the consumer on time. Steps are taken to choose the supplier, reduce delivery times, reduce costs and enhance the satisfaction level of the customers. With technological upgradations, several new features pertaining to supply chain has made the process easier and it has become simple to identify the shortcomings in the various processes related to supply chain.
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