Suppose you want to fix up your supply chain business and make the whole thing more efficient. What do you think you need to work on specifically?…
Benchmarking
The Basic Fundamentals of Supply Chain and Logistics Benchmarking
What is Supply Chain Benchmarking? Why and how do we do it? Check out this video to find out the answers. Also, we have a recorded webinar on this topic. You can access it here: https://www.logisticsbureau.com/benchmarking-replay/ Related articles...
How to Benchmark Your Supply Chain
Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! I hope his answers help you. What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. When we compare different levels of...
11 Golden Rules for Meaningful Supply Chain KPIs
In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring...
Why Large Companies Increasingly Opt for 4PL Services
SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains....
John Monck on Warehouse & Distribution Centre Benchmarking Case Study
BENCHMARKING IS A FANTASTIC BUSINESS IMPROVEMENT TOOL. John Monck, Manager Consulting at Logistics Bureau will demonstrate its use and explain more about it. Kindly watch the video below: Editor’s Note: This post was originally...
Why Supply Chain Benchmarking Matters for Small Businesses
Supply chain benchmarking isn't just something for large corporations to be concerned with. Small businesses too, rely on the supply chain to keep customers satisfied. Your customers' loyalty, and your business growth, depends on the ability to benchmark,...