Strategic Supplier Coverage
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Category:  
Strategic

Measures the extent to which strategic suppliers are integrated into key supply chain processes.

What it Measures ?

Percentage of key suppliers in long-term contracts.

Relevant StakeHolders 

Procurement Manager, Vendor Relationship Head

In-depth Use Case / Real-world Example

A company manufacturing industrial robots calculates Strategic Supplier Coverage by evaluating how well it engages and collaborates with key suppliers on long-term contracts and critical materials. For example, if 75% of the company’s key raw materials are sourced from strategic suppliers with long-term agreements, the Strategic Supplier Coverage is 75%. This helps ensure strong, reliable supply chain relationships.

KPI Definition

Business Value

Movement Direction

Sample Formula

Percentage of Critical Suppliers in Long-Term Contracts

Should Aim For
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