Logistics Key Benchmarks: Petroleum/Chemical Industry

Featuring data from APQC’s Open Standards Benchmarking® (OSB) in Logistics, this article provides key performance indicator (KPI) benchmarks for organizations in the petroleum/chemical industry. Organizations can use this information to gain insight into the efficiency and effectiveness of their logistics and warehousing processes.
Metrics provided include:
- total cost to perform the logistics process,
- inventory accuracy,
- pick-to-ship cycle time, and more.