A company wishes to establish a goal for supplier on-time delivery and track supplier actuals against the goal. What type of supply management objective does the on-time delivery goal address?
A company wishes to establish a goal for supplier on-time delivery and track supplier actuals against the goal. What type of supply management objective does the on-time delivery goal address?
The goal of on-time delivery addresses supply assurance. Supply assurance focuses on ensuring that materials and products are delivered by suppliers in the right quantities, at the right time, and in the right condition. This objective is crucial for maintaining smooth operations and avoiding production delays caused by late or incomplete deliveries.
Supply assurance refers to the objective of ensuring that materials and products are delivered by suppliers in the right quantities, at the right time, and in the right condition.