In today's fast-paced business world, effective supply chain management is crucial for the success of any organization. The Advanced Diploma in PractitionerLogisticsSupply Chain and Operations Management equips professionals with the skills and knowledge needed to excel in this field. Let's delve into some of the best practices in supply chain management:
Key Metric | Value |
---|---|
On-time delivery rate | 95% |
Inventory turnover ratio | 8 |
Supply chain cost as a percentage of revenue | 10% |
By following these best practices, organizations can streamline their supply chain operations and gain a competitive edge in the market.
Source: Industry Research Report