Comparing your Supply Chain to other similar Supply Chain is a great way to identify opportunities for Supply Chain improvement.
They need to be similar, at least in the same ‘Ball Park’, in things like:
- Business Size
- Number of SKUs
- Product Handling needs
- Product Temperature needs
- Number of orders processed
- Number of customers
Related articles on this topic have appeared throughout our website, check them out:
Editor’s Note: This post was originally published on June 23, 2021, under the title “Apples versus Apples Benchmarking” on Logistics Bureau’s website.