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Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. Companies that outperform their peer group while driving improvement and driving value (either by price to book or market capitalization) make the winners list. What is the best supply chain technology?

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6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2

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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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Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. In my work with Supply Chain Insights , I immerse myself in learning. In my work with Supply Chain Insights , I immerse myself in learning. Business Dictionary.com.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

Well, not just for benchmarking, but also for maximum visibility of your supply chain and logistics performance. They will also provide valuable guidance in the use of key performance indicators for performance benchmarking. How hard can that be?” I hear you ask. What Makes a “Right” KPI? See the End to Make a Beginning.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. What is Freight Benchmarking?

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Common Sense Warehouse Performance Metrics for Supply Chain Benchmarking

Logistics Bureau

If you’ve heard about the opportunities and benefits that warehouse performance benchmarking can put within reach of your supply chain organisation, you might understandably be keen to get a benchmarking project under way. Some Common-sense Warehouse Benchmarking Metrics.