Correlogram for Visualize Relationships With Total Supply Chain Management Cost As A Proportion Of Sales

Use Correlogram to visually compare the correlations between total supply chain management cost as a proportion of sales and other continuous variables.

This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.

Example

Total supply chain management cost as a proportion of sales is the total supply chain costs for a specific time period divided by the total sales.

In this worksheet, Total Cost Proportion, Number of Suppliers, Sales Promotions, Invoice Accuracy, and Number of Obsolete Items are the variables.

C1	C2	C3	C4	C5
`Total Cost Proportion`	`Number of Suppliers`	`Sales Promotions`	`Invoice Accuracy`	`Number of Obsolete Items`
0.154	6	4	0.84	1500
0.143	4	1	0.89	675
0.167	8	6	0.93	2075
0.139	6	6	0.89	438

How-to

Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
Under Costs, select Cost as a proportion of sales.
Select Visualize relationships with total supply chain management cost as a proportion of sales, then click OK.
Select Correlogram, then click OK.
In Variables, enter at least two columns of numeric data.
Select Display correlation values.
Click OK.

Tip

For more information about this analysis, click Help in the main dialog box.