Asked by Julia Michalowski on Apr 25, 2024
Verified
________ measures the average time between when an order is placed and the product arrives.
A) Supplier reliability
B) Supply lead time
C) Fraction of on-time deliveries
D) Supply quality
Supply Lead Time
The total time taken for a supplier to deliver goods after an order has been placed, encompassing production, transportation, and handling processes.
Supplier Reliability
The consistency and dependability of a supplier in providing products or services that meet agreed specifications and delivery schedules.
Order Placed
The action taken by a buyer to request goods or services from a supplier.
- Acknowledge the role of transportation preferences in determining the supply chain’s efficiency and expense.
Verified Answer
Learning Objectives
- Acknowledge the role of transportation preferences in determining the supply chain’s efficiency and expense.
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