Supply Chain Efficiency Quiz
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The document discusses key questions to assess supply chain efficiency and performance, highlighting issues like order fulfillment delays, delivery reliability, and waste due to obsolete inventory. It cites statistics on costs incurred from inefficiencies, including £3.0 billion potentially wasted in the UK food and hospitality sector. Additionally, it offers an interactive quiz to help evaluate the health of one's supply chain.
Supply Chain Efficiency Quiz
- 1. IMPROVE YOUR SUPPLY CHAIN EFFICENCY & PERFORMANCE. In 5 Questions…
- 2. How often are your sales orders delivered short or late to the customer? ?
- 3. “Order fulfilment issues are the biggest offender to consumers” Capgemini Supply Chain Impact Survey
- 4. What is the delivery reliability of your main suppliers and 3PL partners? ?
- 5. Both early and late deliveries can introduce inefficiencies in the form of excess cost into the supply chain.
- 6. How often does safety stock turn obsolete??
- 7. In the UK food and hospitality industry, an estimated £3.0 billion will be wasted in 2016, often down to inefficient supply chains. Statistic from WRAP UK
- 8. How often do orders go short in one plant, while having excess inventory in another? ?
- 9. 83% of organisations were caught off guard by an unexpected supply chain disruption APQC Supply Chain Disruption
- 10. How much cash is tied up in dead stock or stock with no real demand? ?
- 11. Dead stock, while not making any money, is still costing money in the form of holding costs in your warehouse.
- 12. CLICK TO TAKE THE QUIZ > How Does Your Supply Chain Stack Up? Our interactive quiz will rate the efficiency and health of your supply chain – let us know how you score!