The Best KPI: The Probability of a Perfect Order
Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. We call it the probability of a perfect order. 1. Order...
Why Should You Benchmark Your Supply Chain?
BENCHMARKING is recognized as one of the best ways of improving business performance. In this episode, you will understand why you should benchmark your supply chain and how you should do it effectively. Watch this: Related articles on this topic...
5 Biggest Supply Chain Levers for 2021
Suppose you want to fix up your supply chain business and make the whole thing more efficient. What do you think you need to work on specifically? Watch the video below as we take you to the 5 Areas of Supply Chain—that if you focus on, you would likely get the...
The What, Why, How of Supply Chain Benchmarking
Benchmarking is an essential thing to do in your supply chain. In this article, which is based on a YouTube video on the subject, I will explain why this is so by addressing the following three questions: What is benchmarking, why do it, and how to do it? The...
