Supply Chain Planning
Did you know that nearly one-third of organizations have done nothing to spread supply chain risk beyond their organization? Only 13 percent have widely adopted real-time information transparency inside and outside of the enterprise.
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Supply chain planning professionals strive to be cost competitive and establish a supply chain that is responsive and resilient. However, many organizations have never taken a comprehensive look at how their supply chains are performing against relevant peer groups’. This assessment will help you uncover opportunities for:
- improving forecast accuracy,
- reducing inventory,
- speeding up the cash-to-cash cycle time, and
- reducing stock-outs and backorders.
For example, top supply chain planning organizations are achieving a unit forecast accuracy of 95 percent and value-added productivity of more than $478,000 per employee.
Other key measures represented in this assessment include:
- total demand/supply planning costs,
- inventory carrying costs,
- finished goods inventory turn rate,
- shrinkage, and
- return on assets.
To guide you in your adoption of best practices and implementation of information systems, the report also reviews the following attributes of your peers:
- inventory planning strategies,
- software applications,
- risk sharing, and
- information sharing capabilities.
Why Trust APQC?
Founded in 1977, APQC is a member-based nonprofit organization. With over 500 members, APQC serves as a steward for broader open standards benchmarking, providing global, consistent process measurement.
Need Help?
For help getting started, please contact the help desk at +1-713-681-4020, 800-776-9676, or osbc@apqc.org.