Bench Marking – Supply Chain Management
BENCHMARKING: To measure (a rival’s product) according to specified standards in order to compare it with and improve one’s own product.
Once you have developed your Supply Chain metrics, the next logical question is…Is my result good or bad? Benchmarking allows you to compare your results to other companies.
One of the keys to successful benchmarking is to rate your company against like companies. We will soon be adding additional information on benchmarking.
SUPPLY CHAIN MANAGEMENT METRICS
- Backorder: Supply Chain Management
- Supply Chain Balanced Scorecard
- Bench Marking – Supply Chain Management
- Cycle Time – Supply Chain Management
- Supply Chain Definition and validation
- Supply Chain Fill Rate
- Supply Chain DPMO
- Supply Chain Management Finance Inventory
- Inventory ABC Classification
- Inventory Accuracy
- Inventory Turns
- Ontime shipping performance
- Perfect Order Measure
- Performance to promise
- Setting Goals for your Supply Chain Metrics
- Tranportation Metrics
- Supply chain Management Acronyms
- The Supply Chain Management