A utilization benchmark is a metric that measures how effectively a logistics provider uses its resources – vehicles, warehouse space, or staff – relative to an external reference point such as an industry average or peer group.
Source: https://www.apics.org/apics-for-individuals/apics-definitions
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.