Data from APQC's Open Standards Benchmarking in supply chain planning shows how organizations perform regarding supply chain management costs.
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Total supply chain management cost is the sum of the costs associated with the processes to plan, source, deliver, and return. This includes supply chain IT costs, finance and planning costs, inventory carrying costs, material acquisition costs, order management costs, and returns management costs.
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Hi - The benchmark is interesting but not actionable as the report offers no definition of what costs were included and excluded. Can you provide this information?
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