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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. Informal Benchmarking.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. In short, you can’t. I can think of a few more.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

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Sales and Operations Planning: The Interpersonal Element

Logistics Bureau

In this article, we’ll explain why that should be and how your company can avoid S&OP problems by investing correctly in the people and their interrelationships , without which it’s simply impossible to tie the moving parts of S&OP together. S&OP is ostensibly a numbers game, of course. The Supply Chain Head.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. Conflicting KPIs: A Brief Example.