How much significant it is to use Balance Score Card Technique to design KPIs for Supply Chain Department?

The important of Balance score card technique in supply chain Department is ;:

• Increase sales
• Increase margin
• Increase profit
• Increase Earnings per Share
• Increase Return on Investment
• Reduce debt

Balance Score Card Strategy simply tells you how you plan to reach your goals.

• Reduce expenses
• Increase research & development
• Acquire other companies
• Reduce assets
• Adopt Activity Based Management, Six Sigma, Lean
• Consolidate
• Outsource
• Sell more to current customers
• Enter a new customer segment
• Eliminate unprofitable customers
• Eliminate unprofitable products and services
• Add more sales people
• Expand internationally

Balance Score Card Technique is basically performance measurement system. 

• Its Improves alignment so all employees marching to same strategy
• Inform everyone how their job affects strategy
• Balance financial and non-financial indicators
• Balance long-term and short-term goals
• create leading as well as lagging indicators
• better evaluate if your strategy is working.

For Supply Chain Department

• Its evaluate performance of each buyers (Amount of savings, rate of rejections, on time deliveries, flexible payment terms).
• Same is applied with Sales as well (Amount of Sales, Collection against receivables etc.)
• With Logistics also we can apply the same in alignment.