Basic Procurement and Supply Chain Scorecard

Stop navigating your procurement and supply chain blindfolded! Effective performance measurement is a cornerstone of supply chain best practice, yet starting can seem daunting. That's why SCMDOJO is offering this simple, yet powerful Excel-based Procurement & Supply Chain Scorecard. Get immediate insight into critical functions and start making data-driven decisions today. This foundational tool helps you implement essential monitoring without complex software.  

What's included in the Procurement and Supply Chain Scorecard?

This downloadable resource provides you with:

• A Ready-to-Use Excel File (.xlsx): Compatible with most versions of Microsoft Excel.
• Pre-Defined Core Metrics: Focuses on five fundamental KPIs:
  • Total Cost of Ownership (TCO)
  • On-Time Delivery (OTD)
  • On-Time Procurement
  • Inventory Days on Hand
  • Vendor Dynamics
• Simple Dashboard View: A clear, visual summary of your metrics for a quick birds-eye view of performance.
• Easy Data Entry: Designated areas to input your data periodically (e.g., monthly, quarterly)

Why you should download the Procurement and Supply Chain Scorecard?

Embrace a core supply chain best practice with minimal effort. Downloading this free template empowers you to:

• Establish a Performance Baseline: Understand your starting point across key areas.
• Focus on What Matters: Tracks critical metrics covering cost, delivery, internal efficiency, inventory, and supplier base complexity.
• Make Informed Decisions: Move beyond gut feelings with tangible data insights.
• Identify Bottlenecks & Opportunities: Quickly spot trends and areas needing improvement or investigation.
• Improve Communication: Easily share performance snapshots with stakeholders and team members.
• Track Progress Over Time: Monitor the impact of your improvement initiatives consistently.
• Implement Quickly: No complex software setup – start tracking immediately using familiar Excel.
• Assign and Track Action Items: Easily assign tasks to relevant team members and track progress against actions through the observations and actions table.

 

Who is this Procurement and Supply Chain Scorecard for?

This versatile template is ideal for a wide range of professionals and organizations, including:

• Procurement Managers & Analysts: To track core departmental KPIs and report performance.
• Supply Chain Managers & Analysts: To monitor key operational outputs like delivery and inventory.
• Operations Managers: To understand the reliability and efficiency of the supply feeding their processes.
• Small and Medium-Sized Businesses (SMEs): Owners or managers needing a simple, low-cost way to monitor critical functions.
• Departments within Larger Organizations: Teams needing a focused scorecard for their specific area of responsibility.
• Professionals New to KPIs: Individuals starting to implement performance measurement in their roles.
• Students and Educators: A practical tool for learning and teaching fundamental supply chain metrics.

About the Author – Dr. Muddassir Ahmed

  Dr. Muddassir Ahmed is the Founder & CEO of SCMDOJO. He is a global speaker, vlogger, and supply chain industry expert with 19 years of experience in the Manufacturing Industry in the UK, Europe, the Middle East, and South East Asia in various Supply Chain leadership roles.  Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School. Muddassir is a Six Sigma black belt and has founded the leading supply chain platform SCMDOJO to enable supply chain professionals and supply chain teams to thrive by providing best-in-class knowledge content, tools, and access to experts. You can follow him on LinkedIn, Facebook, Twitter or Instagram  

Frequently Asked Questions (FAQs)

Q1: What format is the scorecard in? A: It's a standard Microsoft Excel file (.xlsx). Q2: What specific metrics does it track? A: It tracks Total Cost of Ownership (TCO), On-Time Delivery (OTD), On-Time Procurement, Inventory Days on Hand, and Number of Vendors. Q4: Can I customize this template? A: Yes! Since it's an Excel file, you can modify it to add more metrics, change calculations, or adjust formatting to better suit your specific needs (basic Excel skills recommended). Q5: How do I use the scorecard? A: Simply download the file, enter your relevant data for each metric in the designated cells for the desired period (e.g., monthly), and view the dashboard summary to analyze trends. Q6: Does SCMDOJO offer support for this template? A: The template is provided as-is. For general concepts on these KPIs and supply chain best practices, please explore the extensive resources available on SCMDOJO.com.