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The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.
Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.
It is unsurprising that a recent USPACOM exercise highlights the vital importance of strategic and operational lift in this environment. Logistics as a force enabler’ from RUSI Journal , June / July 2015, vol. 3, Royal United Services Institute, UK, 2015, p 60. [3] It is important that these concerns are not understated.
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 performance using meaningful supply chain KPIs.
After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. After all, according to the Annual Manufacturing Report 2015 75% of respondents have implemented some form of automation in the past five years. Get moving.
It is unsurprising that a recent USPACOM exercise highlights the vital importance of strategic and operational lift in this environment. Logistics as a force enabler’ from RUSI Journal , June / July 2015, vol. 3, Royal United Services Institute, UK, 2015, p 60. [3] It is important that these concerns are not understated.
If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs. . .
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 performance using meaningful supply chain KPIs.
That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Click To Tweet.
If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs.
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