ADAPTING THE BALANCED SCORECARD TO SUPPLY CHAIN MANAGEMENT.

SUBTITLE: THE BALANCED SCORECARD CAN BE A POWERFUL TOOL FOR ACHIEVING A BALANCE BETWEEN FINANCIAL AND NONFINANCIAL PERFORMANCE. AND NO PART OF THE BUSINESS CAN BENEFIT MORE FROM THE APPLICATION OF BALANCED SCORECARD PRINCIPLES THAN SUPPLY CHAIN MANAGEMENT (SCM). SUCCESSFULLY EXECUTED, A BALANCED SCORECARD APPROACH TO SCM WILL BRING NEW LEVELS OF OPERATING EFFICIENCIES AND FINANCIAL PERFORMANCE TO ALL OF THE SUPPLY CHAIN PARTNERS.