KPI Key Performance Indicators in Supply Chain & Logistics
OCTOBER 30, 2017
Of course they need to be SMART. Inventory stock turns in Days. Inventory management. Inventory levels. It’s an issue I see again and again in the course of my consulting activity. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. KPIs should comprise a handful of metrics that CAN be realistically monitored and reacted to on a continuous basis.