Supply Chain KPIs are Essential – The Right Ones! The information on this page WILL help you get it right. Many people get confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Which ones to use?… How many to...
We are happy to suggest specific Supply Chain and Logistics key performance indicators (KPIs), but it’s helpful to show you how to pick your own KPIs. Think carefully about the outcome or ‘objective’ you are trying to achieve. Then consider the...
KPI or Key Performance Indicator can be defined as a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance We also all know our KPIs need to be SMART. Specific Measurable Attainable...
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...
