oboloo Glossary

Supply Chain Planning Kpi

oboloo Glossary

Supply Chain Planning Kpi

As an important metric for supply chain planning, a Key Performance Indicator (KPI) is a measureable value used to indicate progress towards the attainment of specific goals. KPIs help organizations identify and assess the success of their supply chain strategies, enabling them to make informed decisions on how to direct resources and allocate budgets. Typical KPIs include metrics such as order fill rate, lead time, inventory accuracy, freight cost, and total landed cost. Because they provide actionable feedback, KPIs are invaluable tools that can help businesses meet their objectives.