IADC supplier metrics, scorecard aims to align expectations, promote performance improvement

The IADC Supply Chain Committee has developed standard supplier metrics and a scorecard. The supplier metrics were evaluated on impact to the supply chain process and the measurability by both suppliers and drilling contractors, according to Andy Poosuthasee, Director of Supply Chain for Vantage Drilling, who also serves on the IADC committee. The standard metrics will be used to create a balanced scorecard that drillers can share with suppliers so they understand the driller’s priorities and expectations, and are relevant and meaningful with their areas of expertise and business. Watch DC’s video as Managing Editor Linda Hsieh talks with Mr Poosuthasee about the driver for developing these metrics and how they work. A FAQ about the supplier metrics and scorecard can also be found here.