Elements and Performance Criteria
- Identify market supply system components
- Suppliers of supporting goods and services in the market supply system are confirmed
- Entities that influence the market supply system are identified
- Origin of products, materials and services used in the market supply system are established
- Roles and personnel in the market supply system are determined
- Marketing, sales and distribution functions and contributions in the market supply system are confirmed
- Level of authority for performance in the market supply system is verified
- Participate in a market supply system
- Established quality indicators are used, in accordance with supply chain procedures, for verifying materials and products
- Specifications for materials and products are reviewed, in accordance with supply chain procedures
- Industry terminology is used to communicate with stakeholders in the market supply system
- Flow rates and Key Performance Indicators (KPIs) for the market supply system are tracked, in accordance with supply chain procedures
- Approved electronic digital systems and tools are used, in accordance with supply chain procedures
- Market supply system records are updated, in accordance with supply chain procedures
- Changes to legislative or regulatory requirements in the market supply system are monitored, in accordance with supply chain procedures
- Evaluate market supply system
- Strengths and weaknesses in the market supply system are identified using approved methods and tools
- Evaluation data is collated and assessed to identify trends and challenges in the market supply system
- Report on market supply system
- Market supply system report is prepared and disseminated to approved stakeholders