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The SCOR model describes the business activities associated with satisfying a customer's demand, which include plan, source, make, deliver, return, and enable. Use of the model includes analyzing the current state of a company's processes and goals, quantifying operational performance, and comparing company performance to benchmark data.
A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]
A performance report is a report on the performance of something. [1] They are routinely produced by government bodies which, being financed by public money, are required to show that the money was spent efficiently and usefully. [2] Such reports will contain performance indicators which measure the achievements of the organisation and its ...
Delivery performance (DP) is a broadly used standard KPI measurement in supply chains to measure the fulfillment of a customer's demand to the wish date. [1] Following the nomenclature of the DR-DP-Matrix three main approaches to measure DP can be distinguished:
Throughput Accounting is a management accounting technique used as the performance measure in the Theory of Constraints (TOC). [5] It is the business intelligence used for maximizing profits, however, unlike cost accounting that primarily focuses on 'cutting costs' and reducing expenses to make a profit, Throughput Accounting primarily focuses ...
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WIP inventory calculations can help a company assess their supply chain health and guide in supply chain planning. [11] In most cases, it is ideal to have low WIP inventory levels, [11] and companies that manage their inventory level efficiently tend to have lower costs. [12]
To gauge exactly how well an organization is performing overall, digital dashboards allow you to capture and report specific data points from each department within the organization, thus providing a "snapshot" of performance. Benefits of using digital dashboards include: [9] Visual presentation of performance measures