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...
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...
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....
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...
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...
