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Top 10 Supply Chain KPIs

Supply chain KPIs are used for tracking order processing, order fulfillment, inventory management, & procurement management. It reveals the shortcomings in the existing operations so that you can apply a profitable strategy for improving overall performance. Further, this means that you are continuously monitoring the progress of operations against the static benchmark. <br><br>- Perfect Order Rate<br>- Cash to Cash Cycle Time<br>- Freight Bill Accuracy<br>- Inventory Turnover<br>- Customer Order Cycle Time<br>- Reasons for Return<br>- Supply Chain Costs <br>- On-time Shipping<br>- Delivery Time <br>- Fill Rate

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Top 10 Supply Chain KPIs

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  1. Top 10 Supply Chain KPIs That You Should Measure Perfect Order Rate Cash to Cash Cycle Time Freight Bill Accuracy Inventory Turnover Customer Order Cycle Time Reasons for Return Supply Chain Costs On-time Shipping Delivery Time Fill Rate

  2. 01. The focus is on error-free delivery that helps prevent inventory losses. Perfect Order Rate 02. The duration between the payment of a firm's inventory and the collection of accounts receivable for the sale of final product. 03. An important metric to tackle freight bill inaccuracy. Cash-to-Cash Cycle Time Freight Bill Accuracy

  3. 04. Inventory Turnover Number of times an entire inventory has been sold over a certain time frame - indicator of efficient production and fulfillment abilities. 05. The period from the order received at the facility to the time taken to get the order delivered to the customer's doorstep. Customer Order Cycle Time

  4. 06. Helps in determining the motives causing the customers and clients to return their orders. Reasons for Return 07. Cut supply chain costs by making regular & healthy adjustments. 08. Establishes a benchmark for product shipping time. Supply Chain Costs On-time Shipping

  5. 09. Ensuring on-time delivery of orders. 01 Delivery Time 10. Determines the pattern of fluctuation in the quality of account receivable. Days Sales Outstanding Supply Chain KPIs are crucial indicators for gauging the financial health of your business and maintaining sustainable processes.

  6. We hope the top 10 supply chain KPIs can help you enhance your business. LOTUS Containers offers international and local support for shipping container inquiries. To know more, contact us at info@lotus-containers.com

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