Explain how a supply chain performance can be achieved

Improvements in performance decisions

*Change structure: Decisions include investments in physical facilities, new products, and technology.

*Change systems within a particular structure: People, process flow, and information systems decisions.

* Evaluate your suppliers: Since the supply chain process starts with your suppliers, evaluating your supplier relationships should be the first step in enhancing your supply chain.

*Analyze your supply chain strategy: Supply chains that work are lean, cost-effective, and dependable. Reevaluate your supply chain strategy and goals to guarantee you're employing the finest possible approach for your organization if you want to keep your supply chain costs low while your process remains reliable.

*Use demand planning: This helps you save money in the supply chain by ensuring that your things arrive on schedule. If you're not already forecasting client demand for your products using previous demand data, demand planning could help you enhance your supply chain efficiency.

References:

* https://www.business.org/finance/inventory-management/ways-to-increase-supply-chain-performance/#Suppliers

* Operations Management in the Supply Chain: Decisions and Cases, 7th Edition (2018), ISBN 978-1-259-71877-9 by Roger G. Schroeder and Susan Meyer Goldstein