Final answer:
Supply chain performance should be measured and managed in alignment with a company's broader goals and core competencies, ensuring efficiency and labor rights protection. Technological advancements and policies must support effective supply chain management, especially highlighted by disruptions during the COVID-19 pandemic.
Step-by-step explanation:
The question pertains to the alignment of supply chain performance measures with overall corporate goals and how supply chain strategies should be consistent with organizational strategies. Supply chain management is crucial because effective strategies can lead to a refinement of products and the efficient distribution of goods in the market. Moreover, the development of technology and transportation methods is important to address issues in the supply chain, which became particularly evident during the COVID-19 pandemic when businesses faced shutdowns and production slowed down, leading to increased prices and disrupted markets.
Organizations that focus on their core competency by specializing in a limited range of products tend to outperform those with a broad product range. This principle also needs to be integrated with labor rights protection. Companies should therefore adapt their supply chain strategies to support their specific business goals and be ready to employ advancements in technology and policy adaptations to maintain robust chains even in times of national emergencies. Keeping the supply chain agile and aligned with corporate goals is not just a matter of international agreements but a domestic imperative as well.