Asked by Paige Partin on Jul 18, 2024
Verified
Based on the Accenture survey on sources of risk that affect global supply chain performance,which of the following was found to have affected the highest percentage of supply chains?
A) shortage of skilled resources
B) volatility of fuel prices
C) inflexible supply chain technology
D) customs delays
Volatility Of Fuel Prices
describes the degree of variation in fuel prices over time, significantly impacting transport costs, and thus, overall logistics and supply chain expenses.
Customs Delays
Delays in the processing of goods through customs, generally caused by regulations, inspections, or documentation issues, impacting supply chain timelines.
- Understand the determinants that impact decisions related to offshoring and their consequences on supply chain indicators.
Verified Answer
MF
Marcus FielderJul 25, 2024
Final Answer :
B
Explanation :
Volatility of fuel prices was found to affect the highest percentage of supply chains according to the Accenture survey, as fluctuations in fuel prices can significantly impact transportation costs, thereby affecting the overall performance of global supply chains.
Learning Objectives
- Understand the determinants that impact decisions related to offshoring and their consequences on supply chain indicators.