Which of the following best describes a supply chain performance metric?

The correct option describes a supply chain performance metric as a quantitative measure to assess efficiency and effectiveness. This is because performance metrics in supply chain management rely on numerical data to evaluate various aspects of supply chain processes, such as speed, cost, quality, and customer service. These metrics provide concrete, measurable insights into how well the supply chain is functioning, allowing organizations to monitor progress, identify areas for improvement, and align their operations with business objectives.

Quantitative measures are essential in supply chain management because they help facilitate comparisons over time and between different supply chains, enabling managers to make informed decisions based on hard data rather than intuition or anecdotal evidence. By focusing on efficiency—how resources are utilized—and effectiveness—how well the supply chain meets customer needs—these metrics are crucial for optimizing supply chain performance and driving overall business success.