When Coca-Cola Parts and its 3PL couldn't agree on how to define "best-in-class" performance, they turned to a warehouse benchmarking study for guidance. The research helped them set goals that not only led to improvements in warehouse operations but also align with Coca-Cola's corporate strategy.
Taking advantage of opportunities to learn something new, even if it leads you into unfamiliar territory, can open up even more opportunities in the future, says Dr. Nancy Nix. Her own career attests to that.
A merger and subsequent expansion prompted the prescription lens maker to rethink how it was managing inventory. New technology provided companywide visibility for the first time, leading to a 25 percent cut in inventory without compromising service levels.