When Jim Healey, vice president and CIO at Affymetrix Inc., joined the biotechnology firm in February, the first thing he did was ask for a list of all the Santa Clara, Calif.-based company’s IT ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

The failure to track and manage supplier performance can cause many business issues, especially for companies with large amounts of raw materials and SKU complexity in a global supply chain network.

In many organizations, procurement still operates with a rearview mirror. Supplier performance is reviewed monthly. Scorecards are distributed after the fact. Delays are explained, but rarely ...

Definition: A set of principles and analytic techniques for improving an organization’s performance in four general areas: financials, customers, learning and internal processes. What it means: ...

In today’s competitive auto parts industry, supplier scorecards are key to maintaining quality, reliability, and cost control. By monitoring delivery performance, product quality, and supply chain ...

When NASCIO surveyed its members about IT procurement in 2015, almost 50 percent had negative opinions about the process and 70 percent of vendor partners were moderately to very dissatisfied with ...

Medallion Analytics announced that it is rolling out Medallion Vendor Scorecard, a reporting tool that provides a loan-level analysis of errors made throughout the post-closing process. The scorecard ...

This is the last of a three-part series on purchasing. It is intended to blow up long-standing paradigms, to challenge purchasing leaders to think and act more boldly, as well as to think and act more ...

Transparency is critical in the fashion industry, a sector plagued by reports of excess production, human rights violations and unethical sourcing practices. Plus, with consumers and regulators ...