Based on the research study analysis, it is True that total supply chain costs in some industries approach 75 percent of the total operating budget.
What is Total Supply Chain Cost?
The total supply chain costs is the term used to describe the total amount spent on most operating expenses in businesses operations.
Based on the latest information released, it was found that some industries approach 75 percent of the total operating budget.
Total Supply Chain costs are the summation of the Annual Cost of Goods Sold, Distribution Cost, and Other operational expenses, divided by Revenue and then multiplied by 100.
Hence, in this case, it is concluded that the correct answer is True.
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