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Sabic

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Economics
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Saudi electronic university
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Homework
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Running Head: SABIC: SUPPLY CHAIN AND PRODUCTION MEASUREMENT
Sabic: Supply Chain and Production Measurement
Student Name
Institution Affiliations
Course
Instructor’s Name
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SABIC: SUPPLY CHAIN AND PRODUCTION MEASUREMENT 1
Sabic: Supply Chain and Production Measurement
I would measure the performance of the supply chain through the development of a
critical performance indicator critique in Sabic organization. The key performance indicators
entail organizational structures and core values like setting the targets, creating an outline of the
timeframe within which Sabic will operate to ensure it accomplishes its prescribed goals,
fostering qualitative approaches of organizational performance (Deryn et al., 2013).
I will establish the market standards by ensuring the quality of products and services
delivered to the market for consumption is within the stipulated standards. The market operations
will operate based on the benchmarks and critical performance prototypes developed by Sabic
organization. I would relinquish my performance indicator platform to focus on criteria of
strategies, tactical and firm operational performance at all levels of decision making to ensure
that Sabic organization remains healthy and robust despite being subjected to the harmful
external environments like the Covid-19 pandemic (HBR, 2019).
According to Hemold et al. (2016), the essentiality of defining performance efficacy of
Sabic organization depends on its decline in the performance after its exposure on Covid-19 and
other forms of external environments that have a remote control on this organization. I will not
consider internal business environments like cost-effective allocation because such are short term
processes that can get conducted based on the market fluctuations. Sabic organization is under
the framework of developed background and consumer satisfaction would play an essential role
since brand loyalty for goods and services relinquished by this organization to the market would
depend on its ability to satisfy the demands of the market.
I will apply the economic principle of cost-benefit analysis by integrating the percentage
rationale between expenditures, sales and revenues. The revenues gained as profits would get

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Running Head: SABIC: SUPPLY CHAIN AND PRODUCTION MEASUREMENT Sabic: Supply Chain and Production Measurement Student Name Institution Affiliations Course Instructor’s Name Due Date SABIC: SUPPLY CHAIN AND PRODUCTION MEASUREMENT 1 Sabic: Supply Chain and Production Measurement I would measure the performance of the supply chain through the development of a critical performance indicator critique in Sabic organization. The key performance indicators entail organizational structures and core values like setting the targets, creating an outline of the timeframe within which Sabic will operate to ensure it accomplishes its prescribed goals, fostering qualitative approaches of organizational performance (Deryn et al., 2013). I will establish the market standards by ensuring the quality of products and services delivered to the market for consumption is within the stipulated standards. The market operations will operate based on the benchmarks and critical performance prototypes developed by Sabic organization. I would relinquish my performance indicator platform to focus on criteria of strategies, tactical and firm operational performance at all levels of decision making to ensure that Sabic organization remains healthy and robust despite being subjected to the harmful external environments like the Covid-19 pandemic (HBR, 2019). According to Hemold et al. (2016), the essentiality of defining performance efficacy of Sabic organization depends on its decline in the performance ...
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