What is the objective of a supply chain?

2.>>>>>>>>>>>>>>>>>>> To improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers

 To improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers. This is the correct answer to the above question.

The Answer to your question is No..2

Basically to streamline the business by proper supply chain and increase customer value and gain advantage in competitive market place.

2. To improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers

The objective of a Supply Chain is customer satisfaction.

Hence answer is :

•   1. To deliver improved value to the customers

The correct answer is the answer No. 2

I fully agree with the answers been added by EXPERTS................Thanks.

I think option-2 is correct answer......................thank you very much

Back in the day it used to be just to improve the efficiency ...(Cost and speed)...in push dominated environment .....Now in a "pull" world ....plus speed and cost there is flexibility, Quality and dependability...2. To improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers

option 2 is the answer -enhance overall supply chain 

Hello Team,

·         Inventory reduction

·         Productivity Improvement

·         Personnel reduction

·         Procurement Cost reduction

·         High customer satisfaction

·         Increased profit

·         On-time delivery fulfillment

·         Revenue/profit increase

·         Better cash management

·         Better order management

·         Logistic cost reduction

·         Financial close cycle improvement 

Regards,

Saiyid