REWARD SYSTEM FOR LOGISTICS MANAGEMENT OF MANUFACTURING COMPANY BASED ON KPIS

1 WICHER Pavel
Co-authors:
1 LENORT Radim 2 SVOZIL Martin 2 ČECH Martin 1 HOLMAN David 1 STAŠ David
Institutions:
1 ŠKODA AUTO University, Mladá Boleslav, Czech Republic, EU, pavel.wicher@savs.cz, radim.lenort@savs.cz, david.holman@savs.cz, david.stas@savs.cz
2 VSB - Technical University of Ostrava, Ostrava, Czech Republic, EU, martin.cech@vsb.cz
Conference:
Carpathian Logistics Congress, Hotel Tatra, Zakopane, Poland, EU, November 28th - 30th 2016
Proceedings:
Proceedings Carpathian Logistics Congress
Pages:
479-485
ISBN:
978-80-87294-76-5
ISSN:
2694-9318
Published:
30th October 2017
Proceedings of the conference were published in Web of Science.
Metrics:
587 views / 219 downloads
Abstract

The reward system is one of the fundamental elements influencing the managers’ motivation in most companies. The development of such a system is usually a long and expensive task, and the result is very sensitive to unfairness and mistakes. For that reasons, the authors propose a specific set of processes to build a functional and efficient reward system. The aim of this article is to propose reward system methodology for logistics area of manufacturing companies, which will allow the creation of a system based on an appropriate set of selected key performance indicators (KPIs). The methodology is validated on an example from second tier supplier from automotive industry.

Keywords: reward system, KPIs, manufacturing company, methodology

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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