Supplier Performance Monitoring: By The Numbers

April 10, 2007
Survey reveals how companies monitor and address supply chain partners.

A recent Supply Chain Consortium survey queried 100 retail and consumer goods companies regarding their supply chain practices. The findings include:

61 Percentage of companies that meet with suppliers on a monthly basis to discuss performance.

29 Percent that meet with suppliers on a quarterly basis to discuss performance.

90 Percent that have assessed financial penalties to suppliers in the past 12 months.

72 Percent that monitor supplier performance with respect to shipment of the correct products and correct quantity.

66 Percent that do not have a formal improvement suggestion program with suppliers.

76 Percent that do not receive feedback from suppliers about the effectiveness of their internal processes.

See Also

Popular Sponsored Recommendations

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

The Supply Chain of Tomorrow

May 22, 2023
A control tower enables proactively managing complex supply chains in real time and achieving new efficiencies through connected visibility, continual improvement, and predictive...

Are You Positioned To Tackle Supply Chain Risk?

Sept. 20, 2023
Supply chain disruption is here to stay, but you can keep ahead of potential issues — and identify new opportunities — by regularly assessing your suppliers. Download our supplier...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!