Supply chain performance is essential for several reasons:
Customer Satisfaction: Timely and accurate delivery of products enhances customer satisfaction and loyalty. Cost Management: Efficient supply chains reduce operational costs by minimizing waste and optimizing resource utilization. Agility: A well-performing supply chain can quickly adapt to market changes and disruptions, maintaining business continuity. Risk Mitigation: Effective supply chain management identifies potential risks and implements strategies to mitigate them, ensuring a smoother operation.