Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What do the terms “superior,” “advantage,” and “parity” mean when prioritizing desired performance targets?

0
Posted

What do the terms “superior,” “advantage,” and “parity” mean when prioritizing desired performance targets?

0

The SCOR methodology identifies a need to prioritize attributes (groups of metrics) to estimate your target level of performance given your business entity’s performance goal for competitive advantage. For each of the five supply chain attributes, you may select one as superior; two as advantage and two as parity. For each supply chain, only one group of metrics can be assigned an S for Superior position desired. Superior indicates the 90th percentile of companies in the database. Two metrics groups (attributes) can be assigned A for Advantage and the remaining groups get a P for Parity target. Parity indicates the 50th percentile of performance in the SCORmark database. Advantage is the performance level halfway between Parity and Superior (i.e., 70th percentile).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123