Turning Information into Action: Scorecard Usage in Retail Supply Chains

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Turning Information into Action: Scorecard Usage in Retail Supply Chains

Executive Update
Posted December 31, 2007 in Data Analytics & Digital Technologies

Retailers increasingly rely on sophisticated information technology to support the management of their supply chains. Retailers track the flow of material between their stores, distribution centers, and upstream suppliers. Ideally, they share detailed information across and within the firm pertaining to inventory, forecast sales, actual sales, and delivery schedules, among other key metrics. To incorporate this information into formats useful to users, retailers are turning to scorecards.