Which Supply Chain KPI Should You Use? - A Very Common Question on Key Performance Indicators

[@supplychainsecrets]

This video is brought to you by Logistics Bureau - Management Consultants, who reduce costs and improve service for organisations Worldwide. If you need any assistance on any of the topics on this channel, just visit us at: www.logisticsbureau.com/

[@redmelon7845]

Just finished my bachelor degree and recently gained enthusiasm in the supply chain field (not my background). I couldn't express how grateful I am for this channel. Your videos and e-classes have been a great help in adding insights to the topic. Your delivery of the topics in a structured and easily comprehensible way really helps for someone new to the supply chain. Truly underrated channel. Greetings from Indonesia!

[@supplychainsecrets]

Very kind feedback, thank you.

[@MomuSarcasm]

It is interesting that I have asked you this kind of question in the previous video's comment section and now here is a whole video about KPI in supply chain :))))) Thank you so much for this video

[@supplychainsecrets]

I listen 🙂

[@supplychainsecrets]

What Supply Chain KPI do you find most useful? Or maybe you have a KPI question? Feel free to comment / ask.

[@basavarajmeti7857]

Thank you very much wonderful video on SC KPI, Can you please explain about leading and lagging KPI in SC

[@supplychainsecrets]

While a lagging KPI measure tells you if you've achieved the goal, a leading KPI measure tells you if you are likely to achieve the goal.

[@supplychainsecrets]

👇 TIMESTAMPS (in case you want to skip) 👇 00:00 - Intro 00:26 - Which Supply Chain KPI Should You Use? - A Very Common Question on Key Performance Indicators Discussion 01:31 - Delivery in Full, on Time 02:42 - On Time Element 03:08 - Dispatch On Time 03:29 - Picking Accuracy 04:00 - Stock Availability 04:41 - Second Example - Reduce Cost 05:19 - Space Utilization 05:53 - Time Utilization 07:21 - Outro

[@bbj2134]

May I know what is the industry standard healthy level of stock availability? Will 50% be considered healthy?

[@supplychainsecrets]

No, 50% in most industries would be considered very bad. It really depends on many factors. MTS v MTO, range, service offer, lead times and more. But 95% would be a 'good' level for many industries. Higher for some others.

[@hon.fahadijumalikwena1012]

Please include a subtitle while you speaking simply some words doesn't heard clearly for us we use this language as second language.

[@supplychainsecrets]

Sub titles can always be turned on. Just click on the gear wheel on the bottom right of the video. Turn on subtitles. or auto translate and pick your language.