A New Way of Measuring Supply-Chain Excellence

There's a new tool for ranking the world's best supply chains. The Supply Chain Index was developed by Lora Cecere, founder of Supply Chain Insights, in partnership with Arizona State University. The idea, she says, was to come up with a way to benchmark global supply chains based on hard financial data. Thousands of publicly traded companies are rated on the basis of economic strength, balanced portfolio, resiliency and peer ranking. The result is a tool that can be accessed by all companies, regardless of size. The three-year effort culminates with release of the very first Supply Chain Index, at Supply Chain Insight's Global Summit in Scottsdale, AZ on September 10-11, 2014. Lora joins us on this episode to explain how the index was developed, and how companies can use it to improve their supply chains in the years ahead.