TRANSPARENCY MANAGEMENT
Transparency starts with a good set of
metrics, but needs correct information in
real time
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Transparency into operations requires
quantitative performance
measurements. This is just given by the
size, complexity, and speen in which
the company ticks.
•
The art of KPI and metrics is not to be
underestimated. Most companies still
stick with a set of traditional metrics
they consider to be KPI.
•
But the real power is in understanding
which topic need management
attention, and how to best generate
insights into them, and to provide
focus.
•
Besides measuring the right metrics, a
lot of creativity, combined with IT tool
capabilities, can deliver new, and
often high impact insights into the
current situation of the operations.
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The example on the left shows a
combination of two metrics in a
portfolio type exhibit, which leads to
clear positioning of improvement
activities.
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Big Data is often expected to deliver
new insights. But the key is to identify
the main issue area, and how to apply
targeted, revealing measurements in
the right way.
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Please contact us if you want to learn
more about our methods to improve
transparency in your supply chain.