Tuesday, 19 May 2009

Introduction to Benchmarking

For those looking to get to grips with Benchmarking - check out the hampreston.com blog which has got a series of benchmarking articles covering the topic - including getting best practice through benchmarking

There's lots of application for supply chain professionals with regard to benchmarking - especially understanding how your peers are leveraging technology to develop efficiencies.

Thanks to valuestreamguru on twitter for the link.

Friday, 27 March 2009

Benchmarking Introduction

Benchmarking is a really good opportunity to compare practices with like minded organizations - knowing how other companies perform can help promote improvements in your own - personally I've seen how technology like Purchase to Payment or other B2B systems have really taken off as a result of benchmarking - seeing how other companies leverage technology is often a great launchpad for how such processes can be used in your own company.

For more information check out this introduction to benchmarking which includes a benchmarking ppt presentation

Monday, 23 March 2009

Make a radar chart

Over at Valuestreamguru.com they've got a example post of how to use a excel radar chart for visual management - I've often used radar charts when looking at supplier performance as it's a great way of looking at how suppliers are performing within thier commodity or peer community - so go check it out!