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The Best KPI: The Probability of a Perfect Order

Logistics Bureau

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure. Inventory Availability. The inventory people. Can you see why I absolutely love this KPI? Order Entry Accuracy.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . How does an SLA work with Key Performance Indicators (KPIs)? The more KPIs, the more difficult the negotiation process. All KPIS have a target percentage to meet.

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Finding Your Spot on the Inventory Tradeoff Curve

The Smart Software

This video blog holds essential insights for those working with the complexities of inventory management. The session focuses on striking the right balance within the inventory tradeoff curve, inviting viewers to understand the deep-seated importance of this equilibrium.

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7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

GlobalTranz

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. We began our series first writing about the 9 key broad and somewhat soft topics to understand in effective KPI Management. What is lacking?

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8 Inventory Management KPIs for Effective Inventory Analysis

EazyStock

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned. Inventory turnover ratio.

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Inventory Management KPIs: Tracking What Matters Most

ShipBob

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

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Cascading KPIs To Drive Business Performance

Silvon Software

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.