Remove Examples Remove Exercises Remove How To Remove Strategy
article thumbnail

How to Benchmark Your Supply Chain

Logistics Bureau

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

article thumbnail

How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Whatever your competitive strategy, though, your supply chain goals should support it. Conflicting KPIs: A Brief Example.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Benchmark Your Supply Chain

Logistics Bureau

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

article thumbnail

Top courses to upskill manufacturers

SYSPRO Smarter ERP

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment.

Course 105
article thumbnail

Finding Your Ecommerce Brand Niche

Ship Monk

A product category like apparel, for example, has too many subcategories to be considered a niche. Whether you’re an e-tailer that sells a variety of brands, or a startup brand trying to make a name for itself, your niche will help you figure out how to present yourself to the world (and what parts of the world you can safely ignore).

article thumbnail

Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. But before they can fulfill their role as the team that delivers, supply chain organizations must figure out how to use data more effectively. More data is coming in than ever before. to anticipate conditions that signal an emerging demand spike.

article thumbnail

No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.