SCM 210 What is a Key Performance Indicator (KPI)? – Assignment Solution
*Two Question Assignment* Write (2) 200-250 words reply to the questions below. APA 6 format, in-text citation, Please provide a copy of all references used. Use at least two (2) scholarly references to substantiate your work. Assignment Details: 1. What is a Key Performance Indicator (KPI)? Explain the importance of developing metrics and KPIs in logistics and supply chain operations.
- Explain what metrics indicate and how they can benefit an organization.
- What is a supply chain strategy?
- How does the supply chain strategy support the business strategy?
- How can supply chain professionals utilize a supply chain strategy to gain a competitive advantage?