The Evaluation Of Performance Is A Vital Managerial Function: Strategic Logistics Management Assignment, UOL, Ireland
University | University of Limerick (UOL) |
Subject | Strategic Logistics Management |
The evaluation of performance is a vital managerial function. However, refined measures to use in the evaluation of logistics have not been rigorously developed. Further, agreement on what constitutes optimal logistics performance has not been clarified beyond consistent comparison between inputs expended and outcomes measured. This article reviews current logistics performance measurement practices and suggests methods for improvement from an efficiency and effectiveness perspective.
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