Supply Chain Performance Measurement and Metrics

Supply chain performance measurement evaluates how effectively a business manages the flow of goods and services from suppliers to customers. It uses specific metrics to assess areas like efficiency, cost, speed, and quality. Common metrics include delivery time, inventory turnover, order accuracy, and overall costs. By analyzing these measures, companies can identify strengths and weaknesses in their supply chain, enabling them to improve operations, reduce expenses, and enhance customer satisfaction. Ultimately, effective performance measurement helps businesses make informed decisions to optimize their supply chain processes.