If you're really not sure of the differences between KPIs, PIs, and other types of supply chain measurement, don't worry. The whole subject of performance measurement and metrics is a source of confusion for many companies. Furthermore, some leadership teams remain in...
Many companies today are outsourcing to 3PL providers as a way to improve logistics performance. If it's done right, putting logistics in the hands of 3PL partners can certainly make a positive difference. However, it's also not unknown for companies to make...
Will you be reviewing your supply chain and logistics KPIs in 2017? As another new year rolls around, the importance of supply chain performance as a competitive weapon continues to gain recognition, and many companies will take a look at the relevance and efficacy of...
Perfect order, DIFOT, inventory days of supply; the list of operational supply chain metrics goes on. Google "supply chain metrics" and you'll be greeted by thousands of suggestions for measuring supply chain performance, almost all of which focus (quite rightly) on...
If your company has outsourced logistics activity, the performance of your 3PL provider will influence how customers see your brand and ultimately, can either enhance or tarnish your business reputation. If you want to be certain that your 3PL will serve as a valuable...
It may be a mile or two, or it may be a hundred miles or more, but the so-called last mile of the supply chain can account for more than 25% of total transportation costs. With that in mind, a focus on last mile delivery efficiency can potentially yield big cost...
When employed properly and for the right reasons, external benchmarking can be the catalyst for valuable cost savings and progress toward supply chain excellence. Yet plenty of organisations have not achieved the benchmarking ROI their leaders had hoped for. In many...
Benchmarking is the all-important first step in supply chain performance improvement. However it can also be an incredible waste of money, time, and effort if your company fails to act on benchmarking data. While that might seem an obvious statement, there are plenty...
by Stephen Hanman (As seen in MHD Supply Chain Solutions) Benchmarking Success (BMS) has been gathering supply chain intelligence since 1993. This data gathering process has enabled development of a best-practice supply chain model that compares the outputs of...
by Artie Leslie (As seen in MHD Supply Chain Solutions) What is your current supply chain performance? How can you improve? In this article the author describes a process for supply chain performance assessment and improvement, and in the next issue we will consider a...