KPI stands for Key Performance Indicator and is important to measure how well a company’s supply chain is performing. Some of the important KPIs for supply chain are
- On-time delivery
- Inventory to sales ratio (ISR)
- Slow moving stock
- Inventory carrying rate
- Stock rotations
- Freight cost per tonne shipped
- Days sales of inventory (DSI)
- Perfect order delivery rate
- Months on hand
- Supplier on-time delivery