Courses in ExpertTracks may be assessed using either: Peer Graded Assignments, Tests, or a combination of both. Within this ExpertTrack you will be assessed via Tests. Tests contribute to your …
We now turn our attention to the concepts of order qualifiers and order winners, as these represent an important factor in achieving competitive advantage. In each market, customers make purchase …
The balanced scorecard (BSC) is a tool to measure organisational performance that goes beyond financial aspects. The tool has attracted much interest in recent years (Christopher 2016: 265), and is …
In this section of the course, we examine ways of measuring logistics performance – starting with defining quantitative measurements. For the measurement of any system/subsystem, there are usually three steps …
The supplier’s perspective of the lead time is the cash to cash cycle, ie how long it takes to convert an order to cash. In other words, it’s the pipeline …
The customer’s perspective – which is the order to delivery cycle – is divided into sub-stages. These sub-stages are commercial, materials, assembly, distribution and installation lead times, as represented in …
At this point in the week, we explore the issue of lead time. Lead time can be defined as the elapsed time from order to delivery. It’s a crucial competitive …
To measure and monitor the service delivered to customers, there are three main aspects of the ‘perfect order’: these are ‘on-time’, ‘in-full’ and ‘error-free’. To calculate the service level, each …
Building on the previous step, we now focus on the concept of customer service, which is essential for customer retention and achieving competitive advantage. Customer service is the interaction of …
In the last step, we covered the eight dimensions of product quality – but there’s also a service quality aspect, which we’ll explore in this step. Parasuraman, Zeithamel and Berry …