What is supply chain performance management?

What is supply chain performance management?

The goal of supply chain performance management is business process optimization through monitoring and analysis of key performance indicators. This type of analysis allows companies to track various metrics at different organization levels and to take timely actions.

What are the 5 supply chain management process?

The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.

What are the 7 principles of supply chain management?

  • Adapt Supply Chain to Customer’s Needs.
  • Customize Logistics Network.
  • Align Demand Planning Across Supply Chain.
  • Differentiate Products Close to Customer.
  • Outsource Strategically.
  • Develop IT that Support Multi-Level Decision Making.
  • Adopt Both Service and Financial Metrics.

What are the 6 types of supply chain management?

The 6 Supply Chain Models

  • The continuous flow models.
  • The fast chain models.
  • The efficient chain models.
  • The custom configured model.
  • The agile model.
  • The flexible model.

What are the KPIs for supply chain?

10 Key Supply Chain KPIs You Should Be Measuring

  • #1: Perfect Order.
  • #2: Cash to Cash Cycle Time.
  • #3: Customer Order Cycle Time.
  • #4: Fill Rate.
  • #5: Inventory Days of Supply.
  • #6: Freight Bill Accuracy.
  • #7: Days Sales Outstanding.
  • #8: Inventory Turnover.

How can supply chain management improves company performance?

Improving supply chain management will improve your company’s operational efficiencies and increase productivity. Access to information will allow you to plan more effectively and be prepared for the unexpected. And increased customer satisfaction will help you achieve your revenue and growth projections.

What is the fourth principle of supply chain management?

Principle 4: Differentiate product closer to the customer and speed conversion in the supply chain process. The 4th principle stresses on having different variants of the product for different segments of the customers. The basis of product differentiation must be the customer needs.

What are the rules of supply chain management?

10 Rules for Supply Chain & Logistics Optimization.

  • Objectives – must be quantified and measurable.
  • Models – must faithfully represent required logistics processes.
  • Variability – must be explicitly considered.
  • Data – must be accurate, timely, and comprehensive.
  • Integration – must support fully automated data transfer.
  • What are the two major types of supply chains?

    The 2 Types of Supply Chains

    Reactive Supply Chain Strategy Data-Driven Supply Chain Strategy
    Operational improvements based on guesswork or imitating competitors A data-driven approach helps even best-in-class manufacturing operations find new ways to improve efficiency[iii]

    What do you need to know about supply chain performance management?

    Supply Chain Performance Management (SCPM) links internal and external information, creating transparency and a stable supply chain in the process Many companies are determined to improve their use of information from individual internal and external IT systems as a way of meeting the challenges of a digital supply chain.

    Who is the platinum sponsor of sap supply chain?

    Accenture is a platinum sponsor of the Supply Chain track. We also have IT and Finance track sessions. Join us to jumpstart your business transformation. Ready To Join Our SAP Team?

    Who are the leaders of sap intelligent asset management?

    SAPPHIRE NOW 2019 was a great success for SAP Intelligent Asset Management and gave us a chance to share our showcases and get involved in lively customer discussions. Digital Supply Chain President Hala Zeine, together with Bill Driegert, Director of Uber Freight, gave a speech entitled Design-to-Operate with a Future-Ready Digital Supply Chain.

    How does performance management relate to the SCM cycle?

    Performance Management depicts the final element in the SCM cycle but should not be seen in isolation as the monitoring processes often occur concurrently with all the other elements in the SCM cycle.