Performance Management is a process which helps a manufacturer measure performance against plan. It is a process that separates world-class supply chain management from simply make do supply chain management. The pace of change in the marketplace is increasing, and continuous tracking of status versus plan is essential to monitoring the health of your supply chain. By the end of the month, it may be too late to prevent customers from being impacted by problems that could have been "nipped in the bud" if they'd been recognized and addressed early within the month. A solid Performance Management process allows you to do just that.
This whitepaper from Supply Chain Consultants discusses how a concern is an issue that needs to be addressed. If it is not addressed then undesirable consequences will follow. A concern may be the result of one or more causes. A key role of metrics and performance measurement is to identify imbalances before they develop into a concern. The author offers the premise that performance management should concentrate primarily on causes.
Concerns of a corporation usually fall into four categories;
• Financial Performance
• Delivery Performance
• Supply Performance
• External Factors
A concern is the result of one or more causes and represents an issue that needs to be addressed. If it is not addressed then undesirable consequences will follow. A key role of performance management is to identify imbalances before they develop into a concern.
Click here to download this white paper and learn how performance management can help give you a competitive advantage by better managing the causes which lead to concerns.
About Supply Chain Consultants
Supply Chain Consultants, founded in 1993, is a software and consulting company with headquarters in Wilmington, DE, and European operations in Antwerp, Belgium. The company provides a wide range of technology and process solutions for enhancing productivity and reducing operating costs in the supply chain. Such major corporations as Hexion, Terra Industries, Sunsweet Growers, Atheros Communications, Innovene and Akzo Nobel use SCC's Zemeter products to optimize their supply chains.
For more information
Phone: 302-738-9215 or 877-722-7627
Timely, incisive articles delivered directly to your inbox.