Performance and Event Management Systems

Performance and Event Management Systems (PEMS) are software solutions that gather data from various sources in order to provide comprehensive visibility of an organization’s supply chain. This real-time information can be used to identify issues and optimize performance.

PEMS can be used to monitor a variety of KPIs, such as:

  • inventory days of supply,
  • delivery performance,
  • order cycle times,
  • capacity utilization, etc.

This data can then be analyzed to identify causal relationships and suggest actions that will help the organization meet its business goals.

Implementing a PEMS can be complex and expensive, but the benefits can be significant. An effective PEMS can help organizations improve their bottom line by reducing costs, increasing efficiencies, and improving customer satisfaction.

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Performance and Event Management Systems (PEMS) Definition – Operations & Supply Chain Dictionary

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