February 6, 2020
Manufacturing is an industry typified by countless unique processes and workflows. Because of this, assessing overall performance and efficiency is a complex task. When looking specifically at the supply chain, companies make large investments in equipment and people to ensure flawless execution and are constantly looking for ways to evaluate the success of operation.
Measuring the overall performance of your supply chain can be boiled down to a few key questions. Is the supply chain acquiring the things your organization needs? Is it providing customers with the things they need? And is it doing it all in the right time and for the right price?
There are four crucial KPIs that can be assessed to check the health of a supply chain.
