A purchasing and supply chain performance measurement and management system should directly support corporate goals and objectives.
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Question:
A purchasing and supply chain performance measurement and management system should directly support corporate goals and objectives. A measurement system that directs behavior and activity away from those goals and objectives is counterproductive and can cause greater harm than good.
- Effective performance measurement systems have certain characteristics. Select three characteristics and discuss why a measure should possess that characteristic.
- Why is it sometimes advantageous to benchmark performance against a non-competitor?
Related Book For
Operations Management Processes And Supply Chains
ISBN: 9781292409863
13th Global Edition
Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman
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