Select two metrics to evaluate performance of the electric fan supply chain.

Business & Finance homework help| Business & Finance homework help

The on-time delivery rate and defect rate can both be used as metrics to measure the performance of electric fan supply chains. It measures how frequently goods are delivered within the specified time period. This gives insight both into suppliers’ lead times and to the responsiveness of logistic providers. A high on-time delivery rate indicates that customers get their orders promptly, while a low score can indicate issues like delays or poor coordination.

The defect rate is the percentage of goods that have quality problems or defects at destination. Organizations that produce consumer goods need to know this metric, because even small imperfections can cause customers to lose trust over time. Monitoring this metric allows for quick identification and rectification of any problems before they become larger issues – which in turn ensures customers remain satisfied with their purchases and return for repeat business in future.

By regularly tracking these two metrics, organizations can stay up to date on their performance throughout the supply chain process – allowing them to identify areas where improvements need to be made in order to maximize efficiency while minimizing costs over time.

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