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Press Release: Benchmarking key supply chain metrics

Benchmarking decreases uncertainty, improves supply chain processes, reduces costs

By Other Sources | Updated on February 11, 2011

RALEIGH, NC, February 10, 2011 – In these uncertain times, use of key supply chain metrics, such as “perfect order,” are on the rise, according to the Tompkins Supply Chain Consortium’s recent report, Supply Chain Core Benchmarks: Understanding Key Metrics.

“Now is the time for companies to benchmark key metrics and get back on track to profitable growth,” says Bruce Tompkins, Executive Director of the Tompkins Supply Chain Consortium and author of the report. “With increasing cost trends, companies can employ benchmarking and best practices to improve processes and reduce costs – leading to profitable growth – as they learn to deal with uncertainty.”

Average Supply Chain Cost

Results from the survey show that some companies are focused on significantly reducing transportation cost and improving customer service by increasing the number of distribution operations. At the same time, other companies are developing better strategies to strengthen DC productivity.

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