Supply Chain’s Performance Measurement System and Integrated Framework

Panov, Zoran and Ristova, Emilija and Stefanovska Ceravolo, Ljubica (2011) Supply Chain’s Performance Measurement System and Integrated Framework. International Journal for Science, Technics and Innovations for the Industry MTM (Machines, Tecnologies, Materials), V (2/2011). pp. 22-26. ISSN 1313-0226

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The effective supply chain management is used as a global competitive tool in increasing productivity and profitability of a
company as a whole. In recent years, the researches are related to measuring the performance of companies; therefore a general picture of
the events outside the company is lacking, and has a substantial impact on its operations. The measurements and metric expressions (Key
Performance Indicators - KPIs) are essential for the company’s success, but they should not be overestimated because of the influence over
strategy, tactical and operational planning and control. They play an important role in establishing goals, evaluating performance and
determining the future course of action. Considering that the basic characteristic of the market conditions in today's economy is its dynamic,
a continuous feedback between the strategy of a company and established performance measurement systems is required. In literature,
usually there are models for re-organization of the companies where the main attention is directed to the systematization of complex
processes and determination of the key parameters in making decisions. By defining the variables and their segmentation as a key to success
and sub-key variables for success, efforts are made to cover all areas in a company. This research is a step forward, a system for measuring
the performance of supply chains is explained in order to promote the importance of supply chain as a whole. As a source, the existing
literature and data obtained by empirical analysis of questionnaires sent to selected group of Macedonian companies from the field of
production machinery, the ribbons are used.

Item Type: Article
Subjects: Engineering and Technology > Other engineering and technologies
Divisions: Faculty of Natural and Technical Sciences
Depositing User: Ljubica Stefanovska Ceravolo
Date Deposited: 14 Nov 2012 08:39
Last Modified: 14 Nov 2012 08:39

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