Supply Chain Management of KPIs.

Businesses can utilize KPIs to establish and monitor progress toward a variety of goals, including lean manufacturing objectives, MBE (Minority Business Enterprise) and diversity spending, environmental "green" initiatives, cost avoidance (CA) programs and low-cost country sourcing (LCCS) targets.

Any business, regardless of size, can better manage supplier performance with the help of KPIs robust capabilities, which include:

1. Automated entry and approval functions
2. On-demand, real-time scorecard measures
3. Single data repository to eliminate inefficiencies and maintain consistency
4. Advanced workflow approval process to ensure consistent procedures
5. Flexible data-input modes and real-time graphical performance displays
6. Customized cost savings documentation (CSD)
7. Simplified setup procedures to eliminate dependence upon IT resources.

Suppliers can implement KPIs to gain an advantage over the competition. Suppliers have instant access to a user-friendly portal for submitting standardized cost savings templates. Suppliers and their customers exchange vital supply chain performance data while gaining visibility to the exact status of cost improvement projects and cost savings documentation (CSD).