SINGAPORE, February 28, 2014 (Press-News.org) In an increasingly competitive economy, benchmarking supply chain performance is more important than ever. Business improvement specialists, Oliver Wight, are hosting a free-to-attend seminar on supply chain benchmarking at the Singapore Marriott Hotel on April 2nd in Singapore.
Don Harding, Oliver Wight's Singapore based Partner, will lead the three hour seminar.
"Performance benchmarking is a valuable tool for maintaining a robust supply chain and can dramatically improve customer service whilst saving $millions," explains Harding. "Oliver Wight data shows providing best-in-class service can halve supply chain costs."
The interactive seminar will teach delegates:
• Why you should benchmark
• What leading supply chains do differently
• How to go about benchmarking
Benchmarking against global peers is increasing in popularity; the 2013 Bain and Company Management Tools and Trends report showed that benchmarking was the second most popular business tool for companies in North America, Europe and the Middle East. However, benchmarking is currently underutilized in Asia; it came thirteenth in the survey.
"Ignorance is not bliss. If you don't know how well you are performing, or what best-in-class looks like, how do you know where you can improve, or by how much? You can't improve what you don't measure," says Mike Reed, Oliver Wight Asia Pacific Managing Partner.
The Oliver Wight Performance Benchmarking Tool creates an 'improvement report', which highlights opportunities for improvement and outlines actionable steps to achieve short, medium and long term goals. And by identifying performance gaps, the tool is able to quantify 'the size of the prize' - the real financial benefits to be gained.
The seminar takes place from 7.30am to 10.30am.
Due to the popularity of this seminar, please register your interest by March 14th to guarantee a place. Contact Oliver Wight on +61 3 9596 5830 or via email at information@oliverwight-ap.com
About Oliver Wight
Oliver Wight has a 40 year track record of delivering business improvement to some of the world's best-known organisations. With a team of professionals offering a wealth of experience, Oliver Wight is the largest consultancy of its type, with offices throughout Europe, South Africa, North and South America, and the Asia Pacific region. We believe that sustainable business improvement can't be delivered by external consultants but only by our clients' own people, so unlike other consultancy firms, we transfer our knowledge to them, helping deliver performance levels and financial results that last.
Integrated Business Planning
At the leading edge of management thinking and practice, our Integrated Business Planning (IBP) model lies at the heart of our clients' journey to outstanding business performance. Oliver Wight are the originators of sales and operations planning (S&OP) and IBP can most simply be described as advanced S&OP. However, unlike S&OP, IBP brings a truly strategic perspective, integrating diverse processes - in the extended supply chain, product and customer portfolios, customer demand and strategic planning - into one seamless management process.
Supply Chain Optimisation
In an uncertain business climate, volatile demand and unpredictability can expose weaknesses in supply chain performance. Supply Chain Optimisation helps companies improve sub-standard systems and processes, delivering a significant return to the bottom line.
Meeting the Class A Standard
The Oliver Wight Class A Checklist is the longest standing and most successful business assessment tool. The latest, Sixth Edition, raises the bar, and sets ever more demanding standards for companies on their journey to business excellence and the Oliver Wight Class A standard.
Benchmark your Supply Chain with Oliver Wight's Singapore Seminar
Oliver Wight Asia Pacific are hosting a free benchmarking seminar from 7.30am to 10.30am at the Singapore Marriott Hotel on Wednesday 2nd April. Delegates will leave the interactive seminar understanding why they should benchmark.
2014-02-28
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[Press-News.org] Benchmark your Supply Chain with Oliver Wight's Singapore SeminarOliver Wight Asia Pacific are hosting a free benchmarking seminar from 7.30am to 10.30am at the Singapore Marriott Hotel on Wednesday 2nd April. Delegates will leave the interactive seminar understanding why they should benchmark.