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...
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...
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...
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...
Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! I hope his answers help you. What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. When we compare different levels of...
What is Supply Chain Benchmarking? Why and how do we do it? Check out this video to find out the answers. Also, we have a recorded webinar on this topic. You can access it here: https://www.logisticsbureau.com/benchmarking-replay/ Related articles...
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