What Is Return on Investment (ROI)?
Understand how Return on Investment fits into the supply chain
A return on investment (ROI) is a measure of performance, usually a profit or loss, used to assess the efficiency and effectiveness of a facility, product or service while also showing the value of an investment. By consistently seeking out new ways to improve your supply chain and freight management operations, a strong ROI can be developed by capitalizing on cost savings, cost avoidance and cost mitigation to build a continuous improvement strategy for the future.
