How the Supply Chain Uses Benchmarking

Supply chain functions are using benchmarking for decision making, but can do more to track its impact. APQC's research shows that supply chain functions tend to be ahead of other functions with regard to using benchmarking to drive business decision.

Becky Partida, APQC · January 24, 2017 ·

Benchmarking is a well-known tool for comparing the performance and practices of business entities. Supply chain organizations are using benchmarking for decision making, but may not be making full use of the tool.

The infographic below presents information regarding supply chain leaders attitude toward benchmarking as a key part of supply chain culture, as well as the benefits of tracking the impact of benchmarking to ensure internal support for future benchmarking projects.

Read the full article here

About APQC

APQC helps organizations work smarter, faster, and with greater confidence. It is the world's foremost authority in benchmarking, best practices, process and performance improvement, and knowledge management. APQC's unique structure as a member-based nonprofit makes it a differentiator in the marketplace. APQC partners with more than 500 member organizations worldwide in all industries. With more than 40 years of experience, APQC remains the world's leader in transforming organizations. Visit us at http://www.apqc.org, and learn how you can make best practices your practices.

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