11 Metrics that Matter
Order Measurement
Customer Order Lead Time
Customer Order Lead Time
((Total orders-error orders)/Total orders)*100
Customer Order Lead Time
Customer Order Lead Time
Customer Order Lead Time
(Actual delivery date-Purchase order creation date)
Fill rate
Customer Order Lead Time
On Time Delivery
(1-((Total units ordered by customer-Shipped units)/total units))*100
On Time Delivery
Inventory Days Of Supply
On Time Delivery
(Number of on time shipments/Total shipments)*100
Inventory Days Of Supply
Inventory Days Of Supply
Inventory Days Of Supply
(Inventory on hand / Average daily usage)
Inventory Accuracy
Inventory Days Of Supply
Inventory Days Of Supply
(Actual Qty per Sku / System reported Qty)
Damaged Inventory
Freight Bill Accuracy
Inventory Turnover
(Total damaged value / Total Inventory Value)
Inventory Turnover
Freight Bill Accuracy
Inventory Turnover
(Cost of goods sold $ / Average inventory)
*Average inventory=(Beginning Inventory+Ending Inventory)
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Freight Bill Accuracy
Freight Bill Accuracy
Freight Bill Accuracy
(Error free freight bills / Total freight bills)*100
Freight Cost Per Unit
Freight Cost Per Unit
Freight Bill Accuracy
(Total Freight Cost / Number of Items)
Inventory Velocity
Freight Cost Per Unit
Inventory Velocity
(Opening Stock / Next Month's Sales Forecast)