Ariba Knowledge Nuggets -Supplier Performance Management - Part I - Performance Management Process and Best Practices

Version 1

    In order to mitigate risk in your supply chain, it is now more important than ever to effectively manage the performance of your existing and new suppliers. Performance management gives an organization the capability to effectively communicate strategy and to ensure that business processes are aligned to support the deployment of that strategy.

     

    A management process using Key Performance Indicators (“KPIs”) grouped into scorecards can be also be used to monitor and manage the performance of a process or organization to achieve certain objectives.



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