Performance measurement of supply chains: A review
Edward S Fekpe,
Vivian Osei and
Juliet Twumasi
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Edward S Fekpe: Ghana Institute of Management and Public Administration, Ghana
Vivian Osei: Ghana Institute of Management and Public Administration, Ghana
Juliet Twumasi: Ghana Institute of Management and Public Administration, Ghana
in ABEM Conference Proceedings from Academy of Business and Emerging Markets (ABEM), Canada, currently edited by Satyendra Singh
Abstract:
Supply chain performance measurement is the process of qualifying the efficiency and effectiveness of a supply chain. The complexity of a supply chain makes performance measurement difficult. The performance of supply chains is multi-dimensional and selecting the appropriate performance measures for a given supply chain presents challenges. This paper examines the various concepts and challenges of different supply chain performance metrics available in the literature. A structured approach to selecting performance metrics given the multi-dimensions of the supply chain is offered. Three primary dimensions of performance measurement have been identified: purpose (strategic, tactical, operational); supply process (plan, source, make, deliver); and type of metric (financial or non-financial). This approach allows selection of metrics that reflect performance of the entire supply chain processes and consistent with the strategic and operational goals of the entire supply chain.
Keywords: Performance measurement; supply chains; review; Ghana (search for similar items in EconPapers)
Date: 2015
ISBN: 9780993734205
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Persistent link: https://EconPapers.repec.org/RePEc:ris:abemcp:023215
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