Benchmarking Champions and Challengers
Do you know how well your Supply Chain is Performing?
To better understand the benefits of Comparing your Supply Chain Performance to a dataset of industry peers talk to a Warehouse Benchmarking Consultant today.
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Cost and Service Champions and Challengers Chart
One of the key components of our Supply Chain PIR (Process Improvement Report) is our Cost and Service Champions and Challengers Chart which allows a company to gain a clear understanding of where they rank in Supply Chain performance compared to industry peers.
This knowledge arms you with data that allows you to improve performance and reduce costs quickly and effectively.
The chart allows you to visualise the answers to these two fundamental questions on a single chart:
- How well is my supply chain performing compared to other similar supply chains from a service point of view?
- How well is my supply chain performing compared to other similar supply chains from a cost point of view?
In this example a food company’s results are compared to a dataset of 55 similar food companies from our dataset of over 800 supply chains and results charted in terms of service performance and supply chain cost performance.
Best-in-class organisations aspire to perform in Quadrant 1 – best practice service, while at a best practice cost structure. In this instance the sample company has improvement opportunities in both service and cost.
This Feel my Pulse check is performed by leading businesses annually to check their comparative performance every year.