Chain mgmt Assignment Example | Topics and Well Written Essays - 250 words

Chain mgmt - Assignment Example Current research concentrates on the implementation and development of performance measurement systems in supply chains. Chan, (2008) asserts that maintenance of performance management systems in supply chains need to be organized, efficient and methodical in â€Å"monitoring supply chain performance† (p.539). The main components of supply chains revolve around â€Å"six core processes (supplier, inbound logistics, manufacturing, outbound logistics, marketing and sales, end customers) and present input, output and composite measures for each†(Fynes, de Burca & Voss, 2005,p.3306). Performance measurement systems in supply chains has been proven to be effective in catering the needs of the customer and for this purpose, methods of performance measurement systems such as balance scorecard, performance questionnaires, performance matrix, are being used. Tenet Healthcare cooperation can adopt performance measurement systems in their supply chains and focusing on meeting the needs and requirements of the clients. This would assist the company to maintain the â€Å"competitive edge in order to enhance all activities associated with the flow and transformation of goods from the raw material stage through to the end user† (Chan, 2008, p.540).