February 2016
Intermediate to advanced
480 pages
219h 58m
English
If you can’t measure it, you can’t control it.
Like all other managers, supply chain managers require standards (or metrics, as they are often called) to evaluate performance. For example, the large grocery chain HEB tracks metrics such as total freight cost per $1 million of sales, errors and returns in distribution, and lead-time compliance. Lancers, a beverage dispenser manufacturer, tracks metrics such as on-time delivery percentage, defects per million, and lead time. We now introduce several financial-based inventory metrics.
LO 11.6 Compute the percentage ...