Captains of industry make the point over and over—if you want to be competitive, it is essential to benchmark your supply chain. Depending on their various fields of expertise, they tend to drive the lesson home in their own styles. Below we offer a selection of some...
Unless you constantly measure your company’s supply chain performance, you will never attain best-in-class level, warn industry experts. Citing athletes Roger Bannister and Usain Bolt, they stress the importance of benchmarking, in a series of videos on our Supply Chain Secrets YouTube channel.
3 Good Reasons for External Supply Chain Benchmarking Have you benchmarked your company’s supply chain operation yet? If not, read on to learn about three good reasons why you should put an external benchmarking project on your corporate to-do list for 2019. 1. It’s...
How is Your Supply Chain Performing? How do you Compare with Others in Your Industry? Do you know the answers to the two questions in the heading of this article? If not, there is no time like the present to begin taking steps to answer them. Let’s take a slightly...
Are you Blissfully Unaware of your Supply Chain performance? I hope not.
Have you ever tried searching online to find some data to benchmark your supply chain performance? If you have, I'll wager you had little luck and a lot of frustration. After all, when you're hungry for knowledge, Google is your best friend, right?... Well, not...
Why You Should Benchmark Your Supply Chain Performance Despite a wealth of available advice as to why supply chain benchmarking is essential, there are still plenty of companies that for one reason or another, simply haven't got around to doing it. There are...
Internal and External Benchmarking in the Supply Chain You may have heard debates around the piece as to whether internal or external supply chain benchmarking is the best way to find your focus for supply chain improvement. If you haven't taken a position in...
Does your company, department, or team utilise a suite of supply chain KPIs to monitor performance? If not, you're probably in the minority and hence at a disadvantage against most competitors. However, there's a lot more to being successful in the use of KPIs than...
Business at Benchmarking Success is booming, despite the fact that many supply chain leaders and managers, after hearing over and over that supply chain KPIs are really, really important, still fail to see what all the fuss is about. So what is it that makes...