Create KPIs without using KPI template

  • Release version: Yokohama
  • Updated January 30, 2025
  • 2 minutes to read

    • You can add new KPIs for a supplier without using the existing KPI templates. Adding new KPIs directly generates the corresponding KPI templates.

    Before you begin

    Role required: admin

    Procedure

    1. Navigate to All > Supplier Lifecycle Operations > Source-to-Pay Workspace.
    2. Select the list icon (List icon.) and navigate to Lists > Performance management > KPIs.
    3. Select New.
    4. On the Create New KPI form, fill in the fields.
      Table 1. Create New KPI form
      Field Description
      Basic details
      Name Name of the KPI.
      Supplier Name of the supplier.
      Description Brief description of the KPI template.
      Type Indicates the type of the KPI. The available options are:
      • Quantitative
      • Qualitative
      Active This option is turned off by default. The KPI is automatically set to active after you have added at least two thresholds for the KPI and one of those thresholds is marked as target.
      KPI properties
      Performance domain Indicates the group that the KPI belongs to.
      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 maximized 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.
      Next run date The next scheduled run date in yyyy-mm-dd format.
      Collection frequency The frequency for collecting the KPI data. The available options are:
      • Daily
      • Weekly
      • Monthly
      • Quarterly
      • Semi-annually
      • Annually
      Aggregation method The method used to calculate the aggregated KPI value when the given KPI consists of contract-level sub-KPIs:
      • Average
      • Sum
      • Minimum
      • Maximum
    5. Select Save.

    Result

    A KPI is created for the selected supplier. Also, a corresponding KPI template is created.
    This KPI is activated only when the following conditions are met:
    • At least two active thresholds are added
    • One of those thresholds is marked as target