Significance of Key Performance Indicators for Supply Chain Health
Author(s): Ashish Patil
Publication #: 2504054
Date of Publication: 09.05.2022
Country: USA
Pages: 1-5
Published In: Volume 8 Issue 3 May-2022
DOI: https://doi.org/10.5281/zenodo.15242149
Abstract
Key Performance Indicators (KPIs) are critical components of modern supply chain management systems. As global markets become increasingly complex, organizations are focusing on using KPIs to gain better control over their operations, improve decision-making, and deliver enhanced customer value. This paper explores the core meaning of KPIs in the context of supply chains, identifies essential metrics for assessing supply chain health, and outlines best practices for monitoring and interpreting these metrics. The paper also includes an illustrative KPI dashboard, supported by real-world examples, to highlight how businesses can leverage KPIs for strategic advantage. In doing so, the discussion emphasizes how improved KPIs contribute to reduced costs, operational efficiency, and better risk management.
Keywords: Supply Chain Management, Key Performance Indicators, Supply Chain Metrics, Dashboard, Logistics, Operational Excellence, Forecast Accuracy, Delivery Performance
Download/View Count: 121
Share this Article