Current segment
Segment 8.7 Developing Metrics for the Supply Chain
Segment 8.7 Developing Metrics for the Supply Chain
Knowledge: Will know and understand | Capabilities: Will be able to |
---|---|
The importance of collecting data, problem diagnosis and decision making |
Identify opportunities to collate and analyse data to develop appropriate recommendations |
The use of statistical analysis to develop metrics to examine issues affecting the performance of the supply chain |
Lead programmes to collate and analyse data to formulate strategies and plans for solving issues in procurement and supply chains |
The development of metrics to measure the performance of the supply chain |
Create metrics for the measurement of performance of the function and the supply chain and develop improvement plans with colleagues, suppliers and other stakeholders |
Project identification and improvement strategies for the supply chain |
Devise and implement projects and strategies for improving supply chains and the procurement function |
Business case development and cost/benefit analysis, such as:
|
Contribute to the development of business cases |
Root cause analysis and the use of six sigma tools and methodologies |
Devise root cause analysis to evaluate problems experienced in procurement and supply chain management, and apply statistical methods for the development and implementation of improvement plans |
Methodologies and standards for the development of supply chains, such as:
|
Have an awareness of current trends related to the development and improvement of supply chains and apply associated methodologies |
The importance of collecting data, problem diagnosis and decision making
Identify opportunities to collate and analyse data to develop appropriate recommendations
The use of statistical analysis to develop metrics to examine issues affecting the performance of the supply chain
Lead programmes to collate and analyse data to formulate strategies and plans for solving issues in procurement and supply chains
The development of metrics to measure the performance of the supply chain
Create metrics for the measurement of performance of the function and the supply chain and develop improvement plans with colleagues, suppliers and other stakeholders
Project identification and improvement strategies for the supply chain
Devise and implement projects and strategies for improving supply chains and the procurement function
Business case development and cost/benefit analysis, such as:
- Costs
- Options
- Commercial aspects
- Risk
- Alignment with organisational needs
- Timescales
Contribute to the development of business cases
Root cause analysis and the use of six sigma tools and methodologies
Devise root cause analysis to evaluate problems experienced in procurement and supply chain management, and apply statistical methods for the development and implementation of improvement plans
Methodologies and standards for the development of supply chains, such as:
- ISO 22301 Business Continuity Management
- ISO 44001 Collaborative Business Relationship
- Balanced scorecard methodologies
- Supplier relationship management
Have an awareness of current trends related to the development and improvement of supply chains and apply associated methodologies
This segment was last updated on: 21st May 2021