Identify key supply chain metrics to accelerate your transformation
Instilling the right supply chain KPIs and using them the right way enables the supply chain organization to justify, monitor and drive individual processes, as well as accelerate overall supply chain performance.
With so many different aspects coming together in supply chain management, supply chain leaders often struggle to answer the following questions:
What supply chain metrics do other companies track?
How do I reduce the number of supply chain metrics we track?
What are the most important supply chain management metrics? Planning metrics? Manufacturing metrics? Logistics metrics?
Download Gartner’s Supply Chain KPI checklists for guidance on key metrics so you can start aligning your business strategy and supply chain objectives.
Establishing supply chain KPIs enables the supply chain organization to justify, monitor and drive individual processes, as well as accelerate overall supply chain performance by balancing local and global performance improvements. But, supply chain complexity and the sheer number of KPIs available are leading to confusion over using metrics, resulting in poor business decisions.
Gartner is helping supply chain leaders define, align and assess metrics, leading to faster, smarter decisions. Gartner’s Hierarchy of Supply Chain Metrics Benchmark captures a wide array of supply chain KPI metrics to provide an end-to-end view of overall business goals and objectives, enabling informed decisions about how to drive supply chain performance and innovation. Through Gartner's dynamic supply chain benchmarking database leaders can analyze their supply chain metrics against industry peers. It allows supply chain leaders to focus on end-to-end supply chain performance measurement and the interdependencies between key KPIs, rather than benchmarking isolated KPIs.
Supply chain metrics are numbers, ratios, or other parameters that measure supply chain performance. Supply chain metrics and KPIs can help companies understand how efficient and effective their supply chain is, and identify areas for improvement.