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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. How reliable are your suppliers?

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. But just because you can outsource it all doesn’t mean you should. Without further ado, then, let’s move on so I can fulfil the promise above.

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How to Benchmark Your Supply Chain

Logistics Bureau

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?” meaning “what speed do I have to beat to be the fastest?”

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Preparing for preparedness – how should we begin?

Logistics in War

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. However, while it sounds simple in theory, it’s not so straightforward in practice, primarily because it can be challenging to access reliable freight rate information. So how can you be sure you’re getting the best freight rates possible?

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How to Benchmark Your Supply Chain

Logistics Bureau

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. Those levels are “benchmarks”. The first thing you’d want to know is “what is the benchmark?” meaning “what speed do I have to beat to be the fastest?”

article thumbnail

Preparing for preparedness – how should we begin?

Logistics in War

Of course additional funding and attention can improve the capability and capacity of any military force to sustain itself in peace and on operations. Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might.