Actions

A109

Difference between revisions of "A109"

Line 1: Line 1:
 
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 {{OR}} metrics.
 
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 {{OR}} metrics.
  
[[File:OR-BSC.png|thumb|Balanced Scorecard example]]A standard method to analyze the performance of supply chains is the use of [[t:BSC]]s.  
+
[[File:OR-BSC.png|thumb|Balanced Scorecard example]]A standard method to analyze the performance of supply chains is the use of [[t:BSC|Balanced Scorecards]].  
 +
 
 +
 
 +
[[File:OR-BSM.png|thumb|Business Strategy Map template]]A [[t:BSM]]
 
===Notes===
 
===Notes===
[[sc:A101|Busines plan review]] 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.  
+
[[sc:A101|Busines plan review]] 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. Developing the [[t:BSM]] will reveal any gaps in linkage between priorities and metrics.
 
The [[sc:A102|discovery (A102)]] and [[sc:A108|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. [[Link::t:MTO]] and [[Link::t:MTS]] together.  
 
The [[sc:A102|discovery (A102)]] and [[sc:A108|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. [[Link::t:MTO]] and [[Link::t:MTS]] together.  
  

Revision as of 16:44, 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.

Balanced Scorecard example
A standard method to analyze the performance of supply chains is the use of Balanced Scorecards.


Business Strategy Map template
A Business Strategy Map

Notes

Busines Plan Review 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. Developing the Business Strategy Map will 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.

The OpenReference wiki provides all necessary definitions.

Hierarchy

IDNameLevelx
A1Align Strategy2A1
A109Define Scorecard3A109

Term(s)

IDNameClearx
BSCBalanced ScorecardBSC
MTOMake-to-OrderMTO
MTSMake-to-StockMTS
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