Performance Metrics for Supply Chain Excellence: Finding the Timeless Recipe for ...

From Business Wire (press release), CA ... Detailed performance metrics and best practices in: on-time delivery, cycle time reduction, cost control, inventory carrying costs, fill rates, return rates ...

... How can supply chain organizations successfully establish, deliver and communicate business value to their internal and external customers? How do companies successfully reduce their supply base costs while fostering productive relationships? How can you create more streamlined and responsive procurement operations to maintain a competitive advantage? A single fact quantifies the impact of solutions to these questions: among the many benefits reported, companies utilizing procurement best practices have reported first-year hard-dollar cost savings approaching $350 million, 97% increase in e-procurement spending to cut costs and 96% reduction in costs related to purchase-order processing, according to research by Best Practices, LLC. ...

Best Practices, LLC is a research and consulting firm that conducts work based on the principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies.