Performance Measurement Systems for SME in Collaborative Settings

Small and medium size enterprises (SMEs) do in many cases not have the financial strength, range of knowledge, or technical resources that are necessary in order to compete successfully with larger companies. One way for the individual company to solve this problem is through collaboration with other companies, large as well as small. There are different kinds and different levels of collaboration that may offer different possibilities and prerequisites to create competitive manufacturing. To evaluate the collaboration between companies, a performance measurement system which takes quantitative as well as qualitative factors into consideration is required. This paper presents a review over possible performance measurement systems and parameters that should be considered in the decision of performance measures.