Useful Performance Measures
Useful Performance Measures
- Order-fill rate and perfect-order rate
- Stockout frequency and backorder rate
- Inventory turns and days of supply
- Forecast accuracy and forecast bias
- On-time, in-full supplier and carrier performance
- Order-cycle and dock-to-stock time
- Warehouse pick accuracy and productivity
- Transportation cost per unit or shipment
- Expedite frequency and premium freight cost
- Inventory carrying cost, obsolescence, and shrinkage
- Return cycle time and recovery value
- Cash-to-cash cycle time
- Emissions per shipment or unit moved