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
By using this website, you agree to the storing of cookies on your device to enhance site navigation, and analyze site usage. View our Privacy Policy for more information.