Which of the following is considered the HIGHEST level in a supply chain's strategic plan?
Correct Answer: A
In the context of supply chain management, the highest level in a strategic plan is the objective of the organization. This is because the objective sets the overarching goals and vision for the entire supply chain.
These objectives provide a clear direction and purpose, ensuring that all activities and strategies align with the broader goals of the organization. Commodity segmentation, supplier differentiation, and acquisition planning are more specific tactics and strategies that support the overall objectives but are not the highest level themselves.
References:
* APICS Supply Chain Council. (2017). SCOR Model.
* Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation.