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Supply Chain Management

Category - Efficiency

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What are the 3 R's of supply chain efficiency?

Right producer, right raw materials, and right storage.
Right product, right place, and right time.
Right product, right time, and right seller.
Right producer, right price, and right seller.

Explanation

Answer: B - Supply chain efficiency can be measured using three factors: the right good, the right destination, and the right time at the minimum cost. If any of these requirements are not met there may be a lack of efficiency in the supply chain.

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Supply Chain Management

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