KPI (Key Performance Indicators)

KPI (Key Performance Indicators). KPI stands for Key Performance Indicators. KPIs are quantifiable metrics used to evaluate the performance of an organization, process, or project in relation to its objectives and goals. What is "KPI" in Logistics? These indicators provide quantifiable information about various aspects of the supply chain and logistics management, allowing companies to identify areas for improvement and make informed decisions. Types of "KPI": KPIs (Key Performance Indicators) in logistics can be classified into several categories according to the specific aspects they measure within logistics operations. Here are some common types of KPIs in logistics: Operational Efficiency: Example: Number of orders processed per hour. Objective: Measure efficiency in order processing and warehouse capacity. Delivery Accuracy: Example: Percentage of correct deliveries. Objective: Evaluate accuracy and quality in the product delivery process. Order Cycle Time: Example: Average time from order receipt to delivery. Objective: Measure the speed with which an order is completed and delivered. Functions How Control Terrestre Uses "KPIs (Key Performance Indicators)" in its Logistics Strategy: Route and Delivery Optimization: Use at Control Terrestre: Uses delivery efficiency to optimize routes and ensure timely deliveries. Efficient Inventory Management: Use at Control Terrestre: Uses inventory rotation to efficiently manage inventory levels and reduce associated costs. Close Collaboration with Suppliers: Use at Control Terrestre: Uses supplier performance to collaborate with reliable and efficient suppliers.