2 Inventory turnover

Inventory turnover is the ratio of how many times your inventory is sold and replaced over a given period of time. It indicates how efficiently you manage your inventory levels, balance your supply and demand, and optimize your cash flow. A high inventory turnover means that you are selling your products quickly and not holding excess or obsolete stock, which reduces your storage and carrying costs. A low inventory turnover means that you are selling your products slowly and holding too much or outdated stock, which increases your risk of spoilage, obsolescence, and markdowns.

3 Order fulfillment

Order fulfillment is the process of receiving, processing, picking, packing, and shipping orders to customers. It measures how well you execute your orders from start to finish, and how satisfied your customers are with the delivery. Order fulfillment can be measured by various KPIs, such as order accuracy, order cycle time, order fill rate, order status visibility, and order delivery performance. By tracking order fulfillment, you can assess how effectively and efficiently you handle your orders, and how you can improve your speed, quality, and reliability.

4 Supply chain cost

Supply chain cost is the total amount of money spent on all the activities and resources involved in your supply chain, such as procurement, production, transportation, warehousing, distribution, and customer service. It represents how much it costs you to run your supply chain and deliver value to your customers. Supply chain cost can be measured by various KPIs, such as cost of goods sold, cost per unit, cost per order, cost per delivery, and total cost of ownership. By analyzing supply chain cost, you can identify where you can reduce your expenses, increase your margins, and enhance your profitability.

5 Supply chain flexibility

Supply chain flexibility is the ability of your supply chain to adapt to changes in your internal and external environment, such as customer demand, market conditions, supplier availability, competitor actions, and regulatory requirements. It reflects how agile, responsive, and resilient your supply chain is to cope with uncertainty and variability. Supply chain flexibility can be measured by various KPIs, such as lead time, service level, stockout rate, backorder rate, and inventory turnover ratio. By improving supply chain flexibility, you can increase your customer satisfaction, market share, and competitive advantage.

6 Supply chain visibility

Supply chain visibility is the extent to which you can monitor and track the status and location of your products, orders, shipments, and assets throughout your supply chain, from suppliers to customers. It enables you to have real-time and accurate information about your supply chain performance, risks, and opportunities. Supply chain visibility can be measured by various KPIs, such as data quality, data availability, data integration, data analytics, and data security. By enhancing supply chain visibility, you can improve your decision making, collaboration, efficiency, and innovation.