Measuring Supply Chain Transparency: Metrics and Key Performance Indicators (KPIs)
Measuring supply chain transparency is essential for organizations to assess the effectiveness of their initiatives and track progress over time. Metrics and KPIs such as supplier compliance, traceability, disclosure of environmental impact, communication with stakeholders, supply chain audits, ethical sourcing, consumer perception, regulatory compliance, and continuous improvement provide valuable insights into transparency efforts. Monitoring and reporting these metrics enable organizations to demonstrate their commitment to transparency and drive positive change throughout their supply chains.