For many organisations, the reality of supplier performance management is that time and opportunity to track and react to dozens of complex KPIs simply doesn’t exist. Regardless of advances in business analytics therefore, I still advocate a measured approach...
Here are some tips on Warehouse Diagnostics and some of the KPIs and techniques you might use. And get to know about ABC analysis and Pareto analysis. Related articles on this topic have appeared throughout our website, check them out: A Concise Guide to...
Every article we publish covering logistics and supply chain KPIs piques our website visitors’ interest and receives a wealth of positive feedback. In addition, those articles inevitably stimulate readers to post questions, which, over time, we try to answer in...
Have you ever seen an image of the modern airliner’s flight deck? If you have, you know that even with the large multi-function displays located in front of the pilots, many other gauges and instruments seemingly demand attention—enough to make you wonder how the crew...
Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. While some supply chain KPIs will provide a broad and...
KPI or Key Performance Indicator can be defined as a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance We also all know our KPIs need to be SMART. Specific Measurable Attainable...