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Selecting the right performance measures for a given business is difficult because every dimension of business performance can be measured in several different ways.

 
  Delivery performance, for example can be assessed by counting the number of orders delivered on time, or the percentage of orders delivered on time. Additional complexity is introduced by the concept of “on-time delivery”. If an order is delivered early, should it be categorised as on-time? What about orders that arrive when promised, but incomplete? What is certain is that the measurement system of an organisation has a strong impact on the behaviour of people within that organisation – “what gets measured gets managed.’’

In a recent study sponsored by The ACCA Conference Board, 75% of measurement managed organisations were perceived as industry leaders as opposed to 53% of non-measurement managed organisations and 83% of measurement managed organisations were ranked in the top third of their industry while only 52% of non-measurement managed organisations were ranked in the top third of their industry.

RESCU Solutions will work with you to develop a set of measures that is reflective of your procurement and supply chain roadmap, and that aligns itself to your corporate and balanced scorecard objectives. We actively promote the use of clear and concise measures and targets that will act like a traffic light system. Green for go and everything is ok: Amber – be cautious and Red, a warning there is a mismatch between target and actual.

To find out more about performance measurement initiatives from RESCU Solutions please contact consultancy@rescu-solutions.co.uk

 
     
Hookson
 
 
 
 
Develop systems to measure performance in each of the key areas of the organisations activities.
 
 
84% of projects run behind schedule, 72% of projects change scope and 53% of projects run over budget.
 
 
Operational Performance
 
 
Cascade
 
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