Supply Chain Performance Measurement using Benchmarking and Balance Score Card: A conceptual frameworkAuthor: Abhishek Jain a*, K.C. Goel b aResearch Scholar at Mewar University, Chittorgarh and Manager, Supply Chain Management Dept. Apollo Tyres Ltd, Gurgaon, Haryana, India b Ex Dean and Ex HOD, Dept. of Commerce, SD(PG) College, Muzaffarnagar, U.P., India
Abstract:
A supply chain is the network of agencies to perform a set of operations
from procuring raw material, transforming the raw material in to
finished goods, storing them, distribution to the final customers and
render the quality services through a team work of internal employees
and external partners like suppliers, supplier?s suppliers and
distribution channel members. The core supply chain we can describe as
a relay game in which the participant or each players either the facility
or an individual pass on the baton effectively from one to other until it
reaches the final player-?The customer?. Supply chain has to be timely
monitored for optimizing business processes through understanding
better working processes and evaluating self performances, this can be
done by benchmarking or using a Balance Score Card approach.
Keywords:Supply chain, Benchmarking, Balance Score Cards
DOI:
International Journal of Trade & Commerce (Vol: 1 Issue:1)
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