Posts Tagged "performance measurements"

Companies are in business to make money and a profit. In order to do both, company executives must be able to define performance measurements and have clear performance indicators. Key Performance indicators in the Supply Chain include: Percentage of quality rejects. Forecast Bias Forecast Accuracy Total Inventory Level Inventory turns Inventory days of supply Production to schedule Delivery to schedule (procurement) Exception...

Most companies are weak when it comes to improving business processes.  The basics to improving a business process are: Perform a ROI (Return on Investment) analysis Executive approval Scope definition A solid demo Define KPIS’s  (key performance indicators)  and measure Define Process flow with Visio Identify bottlenecks/improvements  in the Process Define reporting requirements in the process Blueprint Test Go Live Support Project...