Question

Question 1 (5 points) ✓ Saved All of the following are key performance measures for supply chain management except: Inventory Turnover Inventory Days of Supply Fill Rate Return on Investment

Answer 1

Answer: Return on Investment

Explanation:

In order to make quick decisions in today's fast-acting world, we need wise, time-saving, easy to understand, and, most importantly, key performance metrics that help decision-making. It can be defined as the percentage of goods, SKUs, or order value received in the first shipment. The fill rate can be important to customer satisfaction and has consequences for the quality of transports. SCM seeks to decrease inventory days of delivery to reduce the risks of surplus and depleted inventories. There are other financial advantages to reducing this metric — excess inventory appears to tie up the cash flow of operations. Inventory days of supply indicate the number of days it would take to run out of stock if it wasn't replenished. Another statistic showing how much inventory is around. A higher turnover of inventories implies an effective supply chain.

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