Nowadays, everyone wants more. More technology, more time, more money, more customers, more, more… But in supply chain planning, the answer to the question of how to get more is actually much less. To hopefully get better collaboration with supply chain partners, most will give as much data as possible to hopefully help with calculating […]
Archives for December 2017
How Mis-Picks Cost Companies Close to $400,000 a Year
In a survey of 250 senior supply chain and distribution managers, it was found that each average mis-pick costs a company $22, and that more than half of the companies have a mis-pick rate of less than 97%. This adds up to an average of just under $390,000 per year. Additionally, 19% of those surveyed […]