Supply Chain Process Performance Standards

 

 

SUGGESTED MINIMUM PROCESS STANDARD

TYPICAL BEST-PRACTICE PROCESS

6.0 ENABLE

6.1 STRATEGY AND LEADERSHIP

6.1.1

Strategic Planning

• Company has a formal business plan that defines what the firm will offer and how it will compete in the marketplace

• The formal business plan links external factors to internal competencies

• A three- to five-year business plan is documented and supported by key departmental and area plans

• A balanced scorecard approach is used to measure strategic progress

• Strategic planning is a scheduled process that is updated on a regular basis

• Plans are regularly reviewed to ensure effectiveness and to compare results to goals

• Operational measures throughout the ...

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