The process of designing and managing supply networks to optimize operational and organization performance is:
A) Compliance program
B) Strategic sourcing
C) Complexity management
D) Outsourcing
E) Benchmarking

Question

Quizplus · Accepted Answer

Strategic sourcing involves designing and managing supply networks to optimize operational and organizational performance. It focuses on identifying the most cost-effective suppliers and building strong relationships with them for long-term success. The other options (compliance program, complexity management, outsourcing, and benchmarking) are all important aspects of supply chain management but do not necessarily encompass the entire process of designing and managing supply networks.

The Process of Designing and Managing Supply Networks to Optimize