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Requirements
Basic knowledge about Supply Chain functions
Description
What Are Supply Chain Metrics
Supply chain metrics are the numbers and ratios a company tracks to measure how efficiently it delivers goods to customers. Keys to efficiency in supply chain execution include how well and cost-effectively companies drive the flow of materials from procurement to delivery, including activities like production, warehousing and transportation.
The right metrics shed light on where to invest to achieve maximum returns.
Key Takeaways
It's vital to employ metrics and KPIs to assess how your supply chain is perfog.
Important KPIs for finance include cash-to-cash cycle s and gross ma return on investments.
Inventory turnover ratios and inventory velocity are two central gauges of how well your company manages its intake and outflow of goods.
A central KPI dashboard accessible to all stakeholders helps leaders stay on the same page and prioritize resources.
What is supply chain KPIs
Supply chain key performance indicators (KPIs) quantify how well a supply chain is perfog. Leaders need to decide which KPIs are most important to track.
Because there are many metrics that can add value, we often advise companies to divide supply chain KPIs into tiers based on functions. A company may decide on a bucket of top metrics that are most important to its business KPIs occasionally.
Who this course is for
Supply Chain Professionals, at all levels




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