Comparing supply chain costs vs sales in a business is significant as it helps in assessing the efficiency of the supply chain operations. It provides a clear picture of how much is being spent on supply chain processes in relation to the revenue generated. This comparison can help identify areas where costs can be reduced without compromising the quality or speed of delivery. It also allows businesses to benchmark their performance against industry averages, thereby understanding where they stand in the competitive landscape.
Does your team struggle to meet your most important business objectives?KPIs are vital for performan...
Download template