A supply manager does not require an understanding of cost analysis and costing systems to individually aspire towards shifting his or her organization towards world class performance.

Question

Quizplus · Accepted Answer

Cost analysis and costing systems play a key role in achieving world-class performance in supply chain management. By understanding and implementing these systems, a supply manager can identify areas for improvement, reduce costs, and increase efficiency. Therefore, it is essential for a supply manager to have an understanding of cost analysis and costing systems to achieve world-class performance.

A Supply Manager Does Not Require an Understanding of Cost