My name is Gabriela Ribeiro Alves, and I am currently in the tenth semester of Production Engineering at the Universidade Católica de Petrópolis, attending classes in person.
What are the key metrics you recommend for evaluating the effectiveness of the proposed method in improving supplier control, and how can these metrics be adapted to different industry sectors?
To evaluate the effectiveness of a method for improving supplier control, key metrics include on-time delivery, order fulfillment accuracy, and defect rates, which assess supplier performance and quality. Cost metrics like procurement cost savings and the cost of poor quality (CoPQ) help manage expenses. Additionally, supplier risk rating and lead time variability evaluate supply chain risks, while compliance and sustainability scores ensure adherence to standards and ethical practices. Metrics like supplier responsiveness and a supplier development index can further enhance collaboration. These metrics can be adapted across industries by tailoring criteria, such as stricter compliance in pharmaceuticals or sustainability in fashion, to suit sector-specific requirements.
Abc analysis can use to segregate the supplier base on value or impact to organization
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