Remove Benchmarking Remove Metrics Remove Supply Chain Remove Transportation
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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. Defining Transportation Optimization. How Managed Transportation Enables Ongoing Optimization Across Your Network.

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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

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The What, Why, How of Supply Chain Benchmarking

Logistics Bureau

Business benchmarking is recognised as one of the best management tools around. But what exactly is supply chain benchmarking and why is it so important? In business, a benchmark is a measure of performance. How to benchmark? The What, Why, How of Supply Chain Benchmarking.

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. The Benefits of Benchmarking. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

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Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics.

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How to Benchmark Your Supply Chain

Logistics Bureau

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.