Remove Eliminating Excel in Purchasing Remove KPI Remove Procurement Analytics Remove Shipping
article thumbnail

32 Ecommerce KPIs That Every Online Store Needs to Track for Growth

ShipBob

However, there is a wide range of metrics that you should be tracking to help your online store grow. In this article, gain a deeper understanding of the ecommerce KPIs that every online store needs to track to achieve specific strategic goals. What are ecommerce KPIs? Why ecommerce performance metrics are important.

article thumbnail

6 Career Paths in Supply Chain Management You Can Take

SCMDOJO

They are in charge of purchasing, procurement, and sourcing. With our customizable Logistics KPI Dashboard Excel Template , you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Supplier Management Best Practices any bussiness can implement

Precoro

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

article thumbnail

Patterson Pope’s 5 KPIs for Managing a Warehouse

The Logistics of Logistics

Below are five KPIs to closely monitor in your warehouse: 1. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. This KPI is specific to actual storage systems.

article thumbnail

KPIs for Your Warehouse: How to Choose and Use Them

Logistics Bureau

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. This time I’m going to share some warehouse-specific insights into KPI selection and use. 1) Speed up the Warehouse. For Putaway.

article thumbnail

10 KPIs to measure inventory management performance

Taulia

Too much inventory and your holding costs will increase unnecessarily, too little and you might have issues with stock-outs. You can calculate inventory turnover using the following formula: Cost of goods sold / average inventory. Average days to sell inventory. Supplier quality index. Perfect order rate.

article thumbnail

A Concise Guide to Inventory KPIs for Your Business

Logistics Bureau

The following KPIs comprise those commonly used across all warehouse operation types, along with some that are less ubiquitous but which your business might benefit from monitoring. The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. 1: Inventory Turns.