Which of the following is an objective of supply chain management?
A) Increase the cost of value creation
B) Reduce inventory turnover
C) Increase the efficiency of logistics
D) Reduce market responsiveness

Question

Quizplus · Accepted Answer

Increasing the efficiency of logistics is one of the primary objectives of supply chain management, as it can result in cost savings and better customer service. Increasing the cost of value creation (A) or reducing market responsiveness (D) would not be desirable objectives. Reducing inventory turnover (B) could potentially be an objective, but it would need to be balanced with ensuring sufficient inventory is available to meet customer demand.

Which of the Following Is an Objective of Supply Chain