Key Performance Indicators

Key Performance Indicators

Key Performance Indicators

A KPI I have used to manage a global supply chain process successfully is the inventory turnover ratio. This KPI measures how efficiently a company uses its inventory to generate sales. The organization should decide which KPIs to use to successfully manage its global supply chain by considering the specific goals of the organization and the processes involved in the global supply chain. 

An organization’s goals may include reducing inventory costs, improving customer service, or increasing profits. The organization’s global supply chain process may involve the procurement of materials from suppliers, the production of products, and the distribution of products to customers. The organization should select KPIs that will help it achieve its specific goals. For example, the organization may want to track the time it takes to receive materials from suppliers or the number of products customers return.

Reference

Demartini, M., Pinna, C., Aliakbarian, B., Tonelli, F., & Terzi, S. (2018). Soft drink supply chain sustainability: A case-based approach to identify and explain best practices and key performance indicators. Sustainability, 10(10), 3540.

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Question 


An organization uses key performance indicators (KPIs) to monitor the processes involved in operating a global supply chain to identify strategies that are not performing well and need improvement.

Key Performance Indicators

Key Performance Indicators

  • Describe a KPI that you have used yourself or have seen or read about being used to manage a global supply chain process successfully.
  • How should an organization decide which KPI(s) to use to manage its global supply chain successfully?
  • minimum 300 words

Order Solution Now

Get your college paper done by experts

Do my question How much will it cost?

Place an order in 3 easy steps. Takes less than 5 mins.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *