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Kate Vitasek is a faculty member for Graduate and Executive Education at the University of Tennessee, Knoxville's Haslam College of Business Administration.
This business-process mapping technique, designed specifically for procurement, can help you identify which relational and economic sourcing models are right for your company.
Supply chain scorecards typically focus on operational metrics. But if companies want to capture a true picture of supply chain success, they need to measure employees' interpersonal performance, too.
In this excerpt from the book Vested Outsourcing: Five Rules That Will Transform Outsourcing, the authors explain how to write contracts that allow an outsourcing partner to profit in exchange for achieving the desired performance outcome.
The supply chain profession needs a more comprehensive model for measuring the effectiveness of both internal and external supply chain management. Current models don't quite do the job, the authors contend.
