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Overview of Supply Chain Metrics-Beginner Level
Rating: 4.0 out of 5(4 ratings)
243 students

Overview of Supply Chain Metrics-Beginner Level

Supply Chain Metrics
Created byPattabhi Raman
Last updated 4/2024
English

What you'll learn

  • Improvement is possible only when you are able to measure the right metrics
  • Keys to efficiency in supply chain execution include how well and cost-effectively companies drive the flow of materials from procurement to delivery, including
  • Supply Chain Metrics, Inventory Turnover
  • Cash to cash, On Time Delivery performance etc..

Course content

1 section9 lectures1h 57m total length
  • Organizational objectives14:51


    Value creators & Effective frontier

  • Conflicting objectives15:25

    Aligning strategies

  • Green goals10:38

    Risks

  • OTIF and other metrcis15:06
  • GMROI & others13:38


    IDS – Inventory Days of Supplies

  • ITR & fill rate13:14

    ITR & fill rate

  • Vendor delivery performance12:51

    Return reason

  • Planning metrics15:17

    Time fence violations

  • Introduction to SCOR6:07


    Supply Chain Operation Reference model

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 performing.

Important KPIs for finance include cash-to-cash cycle times and gross margin 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 performing. 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