Which of the following identifies a characteristic of both pool and close loop contracts?

Identifying performance metrics is a characteristic common to both pool and closed-loop contracts. These contracts often incorporate specific performance measurements to ensure that all parties involved can monitor and evaluate the efficiency and effectiveness of the agreement. Performance metrics are vital for optimizing resource use and achieving desired outcomes in supply chain management, facilitating ongoing assessment and improvement.

In the context of pool and closed-loop contracts, these performance metrics might include factors such as delivery times, quantities, stock levels, and associated costs, which serve as benchmarks for assessing performance and driving accountability. This shared focus on metrics aligns both parties toward common goals, fostering collaboration and enhancing overall contract performance.

While some of the other options mention aspects that may apply to certain contracts, they don’t universally characterize both pool and closed-loop contracts in the same way performance metrics do.