Learn how to create an effective performance measurement system for forecasting, purchasing, production and distribution operations across your organization's supply chain. This course explains the steps for developing supply chain performance measures, including alignment with business goals and objectives.
Course Schedule
No courses currently scheduled. If you are interested in information on availability, contact IIE Director of Continuing Education and Program Development Larry Aft, P.E., (770) 349-1130.
Overview:
Managers today want to measure the performance of the supply chain and the results of improvement efforts across supplier, company and customer operations. Everyone agrees that “you can only manage what you measure,” but many companies struggle with creating and using effective performance measurement systems for forecasting, purchasing, production and distribution operations. The challenges may include lack of consistency, inability to share data, or poor buy-in, among others. This course provides a fast-paced overview of a proven approach for identifying measurement needs, developing appropriate metrics and implementing the infrastructure to support them. The course is essential for those who want to use measures to maximize supply chain performance and improvement.
Topic Highlights:
- Common mistakes and metrics to avoid
- Common supply chain metrics
- Commonly used sets of supply chain measures
| - Performance measurement process
- Seven criteria for selecting and designing good measures
- Value of performance measurement
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What You Will Learn:
- Create an implementation plan
- Define performance measures
- Estimate baselines and performance targets
- Estimate costs of implementation
- Identify opportunities for improvement
- Use measures to maximize supply chain performance and improvement