Dear Sanjay,
Of the list of KPIs that you have given for Procurement, (f) and (g) cannot be KPIs as these are not SMART. Secondly, KPI (c) has to be linked with sales revenue.
Thanks,
DVD
Dear Friends,
Minimum KPI's for SCM/Purchase are as follows:
a) Number of PR/PO received, actions taken, and pending PR
b) Lead time taken to produce the material and services
c) Reduction in cost of procurement material and services (without compromising the quality)
d) Quality complaints from users and actions taken (keep record) and services providers
e) Complaints from vendors/Service Providers from our side and actions taken
f) Inter-Personal Relations
g) 5S
Regards,
Sanjay Nagore GM-HR Gurgaon Mobile No. +919810653916
From India, Bangalore
Of the list of KPIs that you have given for Procurement, (f) and (g) cannot be KPIs as these are not SMART. Secondly, KPI (c) has to be linked with sales revenue.
Thanks,
DVD
Dear Friends,
Minimum KPI's for SCM/Purchase are as follows:
a) Number of PR/PO received, actions taken, and pending PR
b) Lead time taken to produce the material and services
c) Reduction in cost of procurement material and services (without compromising the quality)
d) Quality complaints from users and actions taken (keep record) and services providers
e) Complaints from vendors/Service Providers from our side and actions taken
f) Inter-Personal Relations
g) 5S
Regards,
Sanjay Nagore GM-HR Gurgaon Mobile No. +919810653916
From India, Bangalore
hello, your key performance indicators are your skills, talent, knowledge, ability to take any challenge put in front of you. so start facing your problems.
From India, Chandigarh
From India, Chandigarh
Hi Savita,
Greetings!
The KPIs are as follows:
a) Timely providing manpower
b) Reduce recruitment cycle time
c) Reduce recruitment administrative cost
d) Timely providing manpower
e) Meeting deadlines
f) JD formulation for all positions
g) Agreement availability with all consultants
h) 100% of job portals for closing the vacancies
i) Reference check for all positions
j) Offer letter/Appointment letter issued to the new joiners
k) Proper induction & joining formalities
Regards,
Sanjay Nagore
GM-HR
Mobile No: +919810653916
From India, Gurgaon
Greetings!
The KPIs are as follows:
a) Timely providing manpower
b) Reduce recruitment cycle time
c) Reduce recruitment administrative cost
d) Timely providing manpower
e) Meeting deadlines
f) JD formulation for all positions
g) Agreement availability with all consultants
h) 100% of job portals for closing the vacancies
i) Reference check for all positions
j) Offer letter/Appointment letter issued to the new joiners
k) Proper induction & joining formalities
Regards,
Sanjay Nagore
GM-HR
Mobile No: +919810653916
From India, Gurgaon
Dear friend,
Your friend working in the Supply Chain Management (SCM) department can measure his Key Performance Indicators (KPIs) by focusing on the non-stoppage of manufacturing, stock value based on ABC Analysis, and FSN analysis. The stock value can be quantified in terms of the number of days.
IJR
From India, Madras
Your friend working in the Supply Chain Management (SCM) department can measure his Key Performance Indicators (KPIs) by focusing on the non-stoppage of manufacturing, stock value based on ABC Analysis, and FSN analysis. The stock value can be quantified in terms of the number of days.
IJR
From India, Madras
Hi Dear Hammad,
The whole thing is about how a person would show/indicate his performance? The individual should have understood the question first, analyzed, and correlated it to his talent, ability, knowledge, and experience to answer this question.
Thanks and regards,
Bijay
From India, Vadodara
The whole thing is about how a person would show/indicate his performance? The individual should have understood the question first, analyzed, and correlated it to his talent, ability, knowledge, and experience to answer this question.
Thanks and regards,
Bijay
From India, Vadodara
His KPIs are supposed to be as follows:
1. Inventory management through optimization of inventory.
2. Developing suppliers to improve their delivery performance.
3. Zero part shortages or production loss.
4. Zero dead stock.
5. Zero mismatch between actual and ERP stock; unexplained mismatches.
6. To quantify and achieve a high level of inventory turnover ratio.
Although the scope of SCM is very vague, the major focus is on inventory control. Inventory management is a never-ending job.
Sanjeev
Toyota Kirloskar
From India, Delhi
1. Inventory management through optimization of inventory.
2. Developing suppliers to improve their delivery performance.
3. Zero part shortages or production loss.
4. Zero dead stock.
5. Zero mismatch between actual and ERP stock; unexplained mismatches.
6. To quantify and achieve a high level of inventory turnover ratio.
Although the scope of SCM is very vague, the major focus is on inventory control. Inventory management is a never-ending job.
Sanjeev
Toyota Kirloskar
From India, Delhi
i m here seating infront of you ,n giving this interviw is my first stage of succes which is due to the my past achievments this indicates my key performance...........
From India, Pune
From India, Pune
Dear Mr. Hammad,
KPI's full form is KEY PERFORMANCE INDICATORS. You have a team of 10 people headed by GM - Marketing, which handles 3 products. Now the target for the GM is selling 900 units of 3 products. 3 persons per product and each person has to sell 100 units of the allocated product to him. This is their primary KPI, and other than that, there may be other performance indicators like on average in how many days they are getting the payments and what can be the target. Also, in how many days they are getting the necessary forms/issuing the necessary statutory forms and what can be the target. The GM's KPI will also include what is the percentage of realization (selling price - cost price) and what is the target. The essence is you plan for performance and try to achieve that or surpass that. As what is expected of you is told at the beginning of the year itself, it is not very difficult to plan your goals. Similarly, in SCM (comprising Procurement, vendor development, Logistics, inventory management), your friend has to find out what are the indicators of performance which showcase/justify his existence in the company.
Thanks & regards,
S. Ganapathy
From India, Hyderabad
KPI's full form is KEY PERFORMANCE INDICATORS. You have a team of 10 people headed by GM - Marketing, which handles 3 products. Now the target for the GM is selling 900 units of 3 products. 3 persons per product and each person has to sell 100 units of the allocated product to him. This is their primary KPI, and other than that, there may be other performance indicators like on average in how many days they are getting the payments and what can be the target. Also, in how many days they are getting the necessary forms/issuing the necessary statutory forms and what can be the target. The GM's KPI will also include what is the percentage of realization (selling price - cost price) and what is the target. The essence is you plan for performance and try to achieve that or surpass that. As what is expected of you is told at the beginning of the year itself, it is not very difficult to plan your goals. Similarly, in SCM (comprising Procurement, vendor development, Logistics, inventory management), your friend has to find out what are the indicators of performance which showcase/justify his existence in the company.
Thanks & regards,
S. Ganapathy
From India, Hyderabad
KPIs - Key Performance Indicators & KRAs - Key Result Areas are one and the same. Normally, this varies from organization to organization; every company will have its preset Mission and Vision in the business arena.
In my experience, it is usually the staff at the operational end [i.e., trainee, Jr. Exe., Exe., Sr. Exe.] who will be given their day-to-day role and responsibilities as per their designation and area of operation.
But as the responsibility of the individual increases due to appraisal & promotions, there will be changes in the level of designation [i.e., Team Lead, Project Lead, Asst. Mgrs, Managers]. It is at this stage that the staff will be given their KPIs or KRAs to perform and will vary from designation to designation.
When the reporting structure changes and they report to a higher authority such as Head, VP, Director, CEO, they have to ensure that their KRIs & KRAs match their performance and comply with business standards.
It will then be seen in the Monthly Dashboard meetings & senior managers meetings that their performance will be calculated based on their KPIs and KRAs - thus ensuring profitability & growth of the business.
I do not want to further expand on this as it will consume many hours of explanation.
Thank you,
Ashley
Sr. Organizational Development Manager
From India, Madras
In my experience, it is usually the staff at the operational end [i.e., trainee, Jr. Exe., Exe., Sr. Exe.] who will be given their day-to-day role and responsibilities as per their designation and area of operation.
But as the responsibility of the individual increases due to appraisal & promotions, there will be changes in the level of designation [i.e., Team Lead, Project Lead, Asst. Mgrs, Managers]. It is at this stage that the staff will be given their KPIs or KRAs to perform and will vary from designation to designation.
When the reporting structure changes and they report to a higher authority such as Head, VP, Director, CEO, they have to ensure that their KRIs & KRAs match their performance and comply with business standards.
It will then be seen in the Monthly Dashboard meetings & senior managers meetings that their performance will be calculated based on their KPIs and KRAs - thus ensuring profitability & growth of the business.
I do not want to further expand on this as it will consume many hours of explanation.
Thank you,
Ashley
Sr. Organizational Development Manager
From India, Madras
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