Accurate and timely measurement of supplier performance across the trading partner network is the first step to improving delivery times and reducing costly delays. Scorecarding provides a method for monitoring and assessing your supply network in the following areas:
- Procurement costs
- Supplier compliance with service level agreements
- Awarding contracts to top performers
- Visibility and notification of problems with the inbound supply of parts, material, and resources
- Ability to take corrective actions when a problem is identified
Supplier scorecards give employees throughout your organization real-time visibility to your most critical performance metrics and KPIs, providing a solid foundation for strategic procurement decisions. OneSCM provides speed and agility to define metrics, collect data, and analyze information.