The IOMA Handbook of Logistics and Inventory Management
John Wiley & Sons, Oct 15, 2002 - Business & Economics - 1056 pages
Practical, easy-to-implement advice on the most successful logistics management techniques being used today--from selecting the best carriers, setting logistics performance goals, and planning logistics strategies, to streamlining shipping and receiving and slashing logistics costs, and negotiating and managing third party logistics service providers.
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Page 3 - The metric is interpreted similarly by users, is comparable across time, location, and organizations and is repeatable. Usefulness. The metric is readily understandable by the decision maker and provides a guide for action to be taken. Integration. The metric includes all relevant aspects of the process and promotes coordination across functions and divisions. Economy. The benefits of using the metric outweigh the costs of data collection, analysis, and reporting. Compatibility. The metric is compatible...
Page 3 - Criterion Description Validity The metric accurately captures the events and activities being measured and controls for any exogenous factors. Robustness The metric is interpreted similarly by all users, is comparable across time, location and organizations, and is repeatable. Usefulness The metric is readily understandable by the decision maker and provides a guide for action to be taken. Integration The metric includes all relevant aspects of the process and promotes coordination across...