“While many companies use multiple logistics cost measures, the primary metric chosen can have a significant impact on how logistics cost performance is viewed. For example, those companies using logistics costs as a percent of sales as their primary measure and who operate in industries such as chemicals and other commodities saw that cost ratio fall in 2005 due to strong upward pricing power that impacted the top line, even though logistics costs also rose. Other industries had rising logistics costs with flat or declining prices for their products, driving up logistics costs as a percent of sales.”
Dan Gilmore
“Thus the metric system did not really catch on in the States, unless you count the increasing popularity of the nine-millimeter bullet.”
Dave Barry
“For many years the National Pretend Speed Limit was fifty-five miles per hour (metric equivalent: 378 kilograms per hectare.)”
“Metrics allow this retailer to engage in meaningful conversations around the results and helps them solve problems, make improvements, and create stronger relationships.”
Chris Heim
“If you cannot measure it, it means it doesn't exist.”
Octav Druta
“Unfortunately, we don't have a metric defined that works out a ratio of how many stores to servers. As we add stores and resources, you add more servers, you need more space. Look at pharmacy -- Target hasn't been involved in it that long. There is a lot of data processing there. Credit cards, just the stores themselves, Internet hosting -- growth is good, but you need to add more buildings.”
Doug Hall
“Simple, single-metric quotas and forecasts are rare in any size business, but the SFA tools offered -- both on-premise and hosted -- can't handle this basic requirement, ... As a result, most forecasting and commissions happen in Excel, not the SFA tool.”
Zach Nelson
