Supply Chain KPIs - Why, What and How Many

[@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/

[@JoergTy68]

Hi Rob, I do believe the three major KPI's in Supply Chain are: Delivery Performance OTIF (On time In Full) as you mentioned in the video, Backlog development = Past Due Orders and of course Inventory (either days on hand or turn or however you want to measure it)..

[@supplychainsecrets]

Certainly those are 3 good ones!

[@lvigill4038]

Hi sir, I'm studying supply chain management. I'm a big fan of yours. Thanks for all the precious knowledge. Regards, Lavi .

[@supplychainsecrets]

You are most welcome

[@rolandoriley]

@@supplychainsecrets Hi Rob, do you have any video related to different types of picking in depth and the pros and cons of using one over the other. thanks in advance.

[@leoteaco412]

Great video as always, That perfect order KPI sounds very interesting. Thank you.

[@supplychainsecrets]

It's a great KPI!

[@vladyslavrybak3112]

That's awesome video about KPI . I wish you to go on posting such informative videos and reveal some other vital aspects in logistics business

[@supplychainsecrets]

Thanks, will do!

[@mihaimaries3311]

Dear Rob, As a Continuous Improvement proposal, I am suggesting you to put the formula of calculation and U/m for those KPI's you approach. Thank you!

[@supplychainsecrets]

Yes I might do that when I have time. Thanks.

[@mihaimaries3311]

@@supplychainsecrets Thank you for feedback. At least you can mention it. At this stage I am interested in order to calculate a Internal DIFOT. In our company even tough our Inventory Av calculated / Wk is 100% in great majority of the cases, I heard many complains about the fact that logistics does not deliver RAW Materials in time to the production. I started to calculate feed qty and I provided to my team reapro qty for every single part take in account Daily Av Consumption, and we still have troubles. On this way I am suspecting that Daily Av Cons is not correct and I intend to review the BOM with my team. Meanwhile I think to create a formula for being able to estimate Internal DIFOT, basically how many time logistics delivered full and in time to the production the RAW Materials, and honestly I can't imagine how? Can you help me out?

[@mihaimaries3311]

DIFOT is really important, but for me also SDOH sounds great. If you manage a warehouse where the stock were chaotically administrated, the best way to optimize is to monitor a trend of your stocks via Stock Days On Hand. What do you think?

[@supplychainsecrets]

Yes, very important.

[@mihaimaries3311]

@@supplychainsecrets Thank you, sir!

[@saeedbasabain4188]

Thanks

[@supplychainsecrets]

Welcome

[@supplychainsecrets]

What's Your favorite Supply Chain KPI?

[@muradsawalha5529]

DIFOT

[@supplychainsecrets]

@@muradsawalha5529 I think that is the most popular one!

[@muradsawalha5529]

@@supplychainsecrets it is popular for a reason Appreciate if you can share some knowledge about It in an upcoming video

[@ismailnassar4103]

Thanks

[@yzavahir]

Please discuss some warehouse KPI from top to bottom.

[@supplychainsecrets]

We'll make a video on it soon.

[@ramiroquintanazagaceta3952]

Thanks for all the videos, are very helpfull. Do you have a video where you use the KPI perfect order with an example?

[@supplychainsecrets]

Don't think so. I might make one.

[@muradsawalha5529]

in your opinion, is it better to measure the KPI at item level or order line level or order level ?

[@supplychainsecrets]

All three are useful. But to pick one, maybe order line

[@semsem8402]

could you pls let me know the healthy percentage of slow non moving stocks in FMCG industry

[@supplychainsecrets]

I might get one of our Inventory specialists to answer that one!

[@suonghothingoc3203]

I do care about this issue also. Thanks.

[@louiepalomares9263]

Any books you recommend to study supply chain management and KPIs

[@supplychainsecrets]

Of course. Supply Chain Secrets 🙂