oboloo Glossary

Metrics To Measure Supply Chain Performance

oboloo Glossary

Metrics To Measure Supply Chain Performance

Metrics to measure supply chain performance are the best way to assess and improve a company’s overall supply chain operations. They help businesses set and reach their goals, understand how well they are doing, and identify areas of improvement. Metrics can be used to measure efficiency, reliability, cost reduction, customer satisfaction, and more. They provide key insights and information that can be used to make better decisions and drive success in supply chain operations. By measuring metrics such as total inventory turns, on-time delivery rate, and cycle time, businesses can maximize their resources, become more cost-efficient, and improve service levels and customer satisfaction.