Benchmarking in Supply Chain: Insights from David Koch’s "Good Profit“
10xLogistics
JULY 27, 2024
In David Koch’s book "Good Profit," the concept of benchmarking is highlighted as a crucial tool for achieving sustainable success. For supply chain leaders, benchmarking offers a systematic approach to measuring and improving performance by comparing practices and metrics against industry standards or best practices. This post explores why benchmarking is essential for supply chain leaders and outlines the different types of benchmarking, along with their applications.
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