Principles of Logistics

Running head: PRINCIPLES OF LOGISTICS
Supply chain and logistics
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PRINCIPLES OF LOGISTICS
Question No 1:
How an organization would plan, implement, and develop a metric for their strategies
throughout the entire supply chain.
Answer No 1:
A large number of people have been talking about the different kinds of Key Performance
Indicators, Metrics, Analytics and other different indicators for the performance. According to,
Cassidy (2016) the importance for the selection of the exact metrics or the different types of the
measures is important as because it is quite critical in the logistical process. Some of the
guidelines or the steps that can be used to plan and implement organizational plans and metrics
for strategies related to supply chain strategy are as follows;
Step1: Translation of Organizational Objectives into Supply chain Metrics
Before the beginning of the supply chain metrics, the managers of the different
organizations must ensure that they have enough time to ensure that they can easily understand
the different types of important objectives. The understanding of these objectives helps to
translate these objectives into some specific objectives that are generally defined in the term of
metrics. The objectives of the business organizations are generally set by a leadership team and
consist of a large range of different kinds of objectives that are generally communicated along
with different types of quantifiable objectives (Kamalahmadi & Parast, 2016). The following
statistical based objectives are represented in the annual; report of the organizations. The report
includes the likes of the revenue growth, annual revenue, net profits and other such similar
quantifiable measurements. The main leader from the leadership team must therefore define the
supply chain task based on the understanding of the strategy and the understanding of the