Which Is Not One of the Seven Principles of Supply

question 2

Multiple Choice

Which is not one of the seven principles of supply chain management?

• A) Source strategically
• B) Customize the logistics network
• C) Segment customers based on service needs
• D) Standardize where feasible
• E) None of these answers

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization, improving internal and external communications and monitoring organizational performance against strategic goals.

Performance Measures

Quantitative indicators used to assess how well an organization, business, or individual is achieving its goals and objectives.

Performance Measure

Metrics used to evaluate the efficiency, productivity, or success of an organization or of an individual's activities.

Learning and Growth

A strategic focus area that emphasizes developing the capabilities of employees and the organization’s capacity for innovation.