Supply Chain Logistics Glossary
B
BENCHMARKING
Learning approach originally consisting of observing and analyzing the management of certain processes in a company operating in a different business but with comparable challenges. By extension, benchmarking now designates the approach of comparing a company's performance for a given process (the logistics process, for example) to that of the leader in their sector.
BUSINESS PROCESS RE-ENGINEERING (BPR)
Pragmatic approach of reorganizing company activities based on the identification and analysis of the processes with a significant impact on the strategic objectives to be attained.
