Difference between revisions of "A109"

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	A {{OR}} supply chain scorecard typically consists of 6-10 level-1 metrics.		A {{OR}} supply chain scorecard typically consists of 6-10 level-1 metrics.
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	[[File:OR-BSM.png|thumb|Business Strategy Map template]][[t:BSM]]: {{OR}} recommends the use of a [[t:BSM]] to visualize and/or communicate the linkage between the business priorities and the metrics/attributes in a scorecard.		[[File:OR-BSM.png|thumb|Business Strategy Map template]][[t:BSM]]: {{OR}} recommends the use of a [[t:BSM]] to visualize and/or communicate the linkage between the business priorities and the metrics/attributes in a scorecard.

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Latest revision as of 18:05, 17 November 2021

The activities associated with the selection of the key metrics for each performance attribute for each supply chain. A scorecard is used to define the metrics of most interest to an organization, to arrange them by area of impact, by business priority, and to provide a container for later benchmarking comparisons. Each scorecard is built from a subset of hundreds of OpenReference metrics.

Use Cases

Balanced Scorecard: A standard method to analyze the performance of supply chains is the use of Balanced Scorecards. A Balanced Scorecard consists of a limited number of agreed, well-defined metrics, categorized by business perspective.

An example of such metrics are the level-1 Metrics for each Performance Attribute defined in OpenReference. Where necessary the level-2, 3, and 4 metrics are available to analyze and explain deviations between scorecard targets and actuals for each metric.

A OpenReference supply chain scorecard typically consists of 6-10 level-1 metrics.

Business Strategy Map: OpenReference recommends the use of a Business Strategy Map to visualize and/or communicate the linkage between the business priorities and the metrics/attributes in a scorecard.

A Business Strategy Map is typically created (and appended to the scorecard) after the supply chain strategy has been defined or refreshed and after the initiatives to operationalize/implement such strategy ('strategic initiatives') have been defined, planned, and funded.

Notes

• Busines Plan Review (A101) is a key step prior to defining scorecards. Without a deep understanding of the business plan, metrics are typically not --clearly-- linked to business priorities. Consider developing the Business Strategy Map to reveal any gaps in linkage between priorities and metrics.
• The Discovery (A102) and Documentation/Definition (A108) of supply chains are a key preceding steps. Without clearly defined supply chains, scorecards may contain aggregate data of conflicting supply chain types e.g. Make-to-Order and Make-to-Stock together.

Discuss Contract Custom Solution

Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.Define Scorecard Align Strategy 4110900 3 Supply, Chain, Management, Performance, Metrics, Standard, Reporting Selection of the key metrics for each performance attribute for each supply chain. A scorecard is used to define the metrics of most interest to an organization, to arrange them by area of impact, by strategic linkage, and to provide a container for later benchmarking comparisons