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Supply Chain Manager Exam Prep

Category - Design and Improvement

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________ is the process of analyzing, collecting, and using valuable data about the structure and performance of comparable processes within or across an organization.

Objective analysis
Benchmarking
Segment marking
None of the above.

Explanation

Answer: B - Benchmarking is the process of gathering, analyzing, and using data about the structure and performance of comparable processes within or across organizations. Benchmarking is one of the best ways to gain consensus and motivation for process improvement by emphasizing the evaluation of current performance against a definable standard.

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Supply Chain Manager Exam Prep

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Supply Chain Manager Exam Prep

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