Aligning Metrics for the Business at Hand The Volatile Global Economy Demands End-to-End Cooperation Articles by Kate Vitasek in Supply Chain Brain’s 2019 Supply Chain Management Resource Guide (link: https://www.supplychainbrain.com/publications/2)
Go for ‘Best Fit’ – Not ‘Best Practice’ — Metrics Avoid Strategic Drift in Your 3PL Relationship with a Sound Governance Structure The articles by Kate Vitasek and Karl Manrodt were published in SCB’s 2018 Resource Guide.
The Watermelon Scorecard is a term coined by University of Tennessee researchers to explain how a supplier may be meeting a buyer’s required specifications, but is not really collaborating to drive innovative value over the long term for the buyer. In essence, the scorecard is green on the outside but red on the inside! The trend over the last […]
Rethinking Supplier Metrics: From “Best Practice” to “Best Fit” Article by Kate Vitasek published 9 March in the SIG Inside Sourcing Newsletter. Here’s the link: http://src.sig.org/newsletter.php?id=10095
Purchase Price Variance (PPV) is a procurement metric that’s designed to measure a procurement organization’s (or an individual procurement professional’s) effectiveness at meeting cost savings targets. The thinking about PPV is simple. If you spend $1.10 on a widget, then try to get the exact same widget next year for $1.00. The better the price […]
Compete: Do your metrics measure up? Article by Mike Ledyard and Joseph Tillman in the January 2014 edition Logistics & Supply Chain World, which is published in India. It begins at page 22; here’s the link to the entire magazine: http://www.kamikaze.co.in/jan-issue-2014.pdf