Manufacturing Supplier Performance: 7 KPIs to Reduce Production Delays
A manufacturer can have accurate customer orders, an optimized production schedule, and sufficient equipment capacity. But if a critical supplier misses a delivery, the entire operation can be disrupted. Production stops. Purchasing begins expediting orders. Planners rearrange schedules. Employees wait for materials. Customer service must explain delays. And the costs can extend well beyond the missing components. For make-to-order manufacturers, supplier performance management is essential to maintaining production efficiency, controlling costs, and delivering products on time. As manufacturers prepare…
