Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
Supply chain is a wide concept that aims at putting to use several resources like people, technology, organizations in such a manner that it facilitates movement of products/ services from 'point of origin' to customer.
The supply chain activities change the raw materials, natural resources and other components into final product to be delivered to customers. Supply chains might consist of a number of value chains that have a common purpose of making the output reach the user in best quality and timely basis.
A supply chain scorecard enables the user in moving in a statistical way to achieve the ultimate objective. This is because of the metrics that are collected on it for measuring the activities.
In all, by putting down the indicators to know, in a 'quantified' manner the direction in which organization is heading, it is possible to become pro-active in approach. This in turn becomes really helpful in tilting 'challenges into opportunities'.
Summing it all, one can carefully converge all the available resources to attain the single aim of developing an 'effectual delivery service'.
One can use any number of views to gain a complete insight into the 'supply chain operations'.
This is the actual scorecard with Supply Chain Measures and performance indicators. The performance indicators include: warehousing, transportation, claims percentage for freight costs, truckload capacity utilized, on time pickups, transit time, customer order promised cycle time, cogs percentage, year over year change in cogs, ebit percentage.
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