Create a KPI template

  • Release version: Xanadu
  • Updated August 14, 2024
  • 1 minute to read

    • Create a KPI template to define KPIs against which you measure the supplier performance.

    Before you begin

    Role required: sn_kpi.admin or sn_slm.manager or sn_slm.admin

    Procedure

    1. Navigate to All > Supplier Lifecycle Operations > Source-to-Pay Workspace.
    2. Do one of the following:
      • Under Quick actions, select Create KPI template.
      • Select the list icon (List icon.), navigate to Lists > Performance management > KPI Templates, and then select New.
    3. On the form, fill in the fields.
      Table 1. Create New KPI template form
      Field Description
      Basic details
      Name Name of the KPI template.
      Description Brief description of the KPI template.
      Template owner The person who owns the KPI template.
      Type Indicates the type of the KPI template. The available options are:
      • Quantitative
      • Qualitative
      Active This option is turned off by default. The KPI template is automatically set to active after you have added at least two thresholds for the KPI template.
      KPI properties
      Performance domain Indicates the group that the KPI belongs to.
      Recommended weight Determines the importance of the KPI in the overall performance score when multiple KPIs are collected.
      Direction Indicates whether the KPI should be minimized or maximised to show the ideal trend of the values. The available options are:
      • Maximize
      • Minimize
      • Milestone
      Nature Indicates whether the KPI is leading (predicts future), lagging (measures past performance), or current (monitors ongoing activities). The available options are:
      • Leading
      • Lagging
      • Current
      Precision Specifies the number of decimal points to be used for data collection to ensure accuracy and consistency.

      This field is displayed only if you select Quantitative in the Type field.
      Unit Measurement used to quantify the performance indicator.

      This field is displayed only if you select Quantitative in the Type field.
      Data collection
      Collection source type The user persona that provides the data. The available options are:
      • User
      • Supplier Manager
      • Supplier Contact
      Collected from user The person who provides the data.

      This field is displayed only if you select User in the Collection source type field.
      Instructions Populated in KPI collection tasks to give more context to the user providing the KPI data.
      Collection frequency The frequency for collecting the KPI data. The available options are:
      • Daily
      • Weekly
      • Monthly
      • Quarterly
      • Semi-annually
      • Annually
    4. Select Save.