Supply Chain Management KPIs: Metrics Inventory Performance

About Supply Chain Management KPIs: Metrics Inventory Performance

The performance superpower: KPIs!

Key Performance Indicators are essential to anyone creating high performance in their supply chain. Whether you’re a logistics manager organising international shipments or an business looking to streamline your warehouse and retail performance,

KPIs

are one of the most effective business strategies for increasing profits, cashflow and customer satisfaction.

This course is for anyone who takes their business skills and professional development seriously. A good supply chain can deliver high output and high satisfaction while maintaining tight control on costs. KPIs give you a constructive method to track your performance, make better business decisions, identify improvement opportunities and monitor your progress. This detailed and comprehensive course will help you to identify which key areas of supply chain management you need to have metrics for.

Upskill yourself for a bigger role

in driving better performance, higher profits and happier customers

Supply Chain KPIs:

This course provides you with a wide range of specific KPIs,

practical tools and techniques

to plan and structure your supply chain KPIs From looking at how to effectively measure output for your business, to monitoring cashflow and balancing inventory levels, we’ll also explore how each of these fit into the higher business objectives of the company. We’ll talk about flexibility being an essential factor in a business’s success and how you can use time, capacity and inventory to build it into your operations, allowing you to cope with unexpected changes and disruptions. Together we’ll cover the key areas of supply chain performance including how to create an integrated set of KPIs that complement each other, running a robust supply chain & how to present the data clearly using dashboards. We’ll cover vital supply chain issues like Costs of Goods Sold, Cash to Cash Cycle Time, Forecast Error and how wastage, dead stock and shrinkage can effect your profit. This course will make you and your team feel confident

react quickly to trends, make better business decisions and launch improvement initiatives.

About Laurence Gartside

Laurence Gartside is a management consultant and business operations coach with a master’s degree in manufacturing, engineering and management from the University of Cambridge. He has consulted for numerous major companies around the world and runs his own training company, Rowtons Training.

In this course, you will learn:

Practical tools and techniques that will improve every aspect of your supply chain

How to create complementary metrics that will work together to ensure the best possible outcomes

How to make sure your KPIs fit into the higher business objectives of the company

Tools to help you present your data in a clear and engaging way

How to monitor the output of your business

Easy ways to report on the critical financial aspects of the company - net profit, ROI and cashflow

To have a good overall picture of your supply chain

Why flexibility in your supply chain could make or break your business

How to reduce delays, decision tiers and uncertainty to ensure your supply chain is as efficient as possible

Know how wastage, dead stock and shrinkage could be holding your business back

Understand how customer lead time & On Time in Full (OTIF) percentage effect customer satisfaction

Learn how to effectively measure Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO) to keep your cashflow healthy Get your supply chain back on track with a set of KPIs that will increase profits, cashflow and customer satisfaction and transform your business TODAY!

Full Course Contents

1.

Introduction

Course Overview Make a Difference with KPIs Beer or Study?

2. Supply Chain Performance

Business Perspective - Metrics Supply Chain Perspective What We Want From a Supply Chain

3. Output and Inventory KPIs

KPIs - Introduction Output Inventory Levels - Simple Average Inventory Levels - High Sampling Cost of Goods Sold - COGS Inventory Turns / Turnover / Velocity Inventory Turns and Days Inventory Outstanding (DIO) Inventory Turns Examples Control Charts Inventory Dollar Days and Throughput Dollar Days

4. Cashflow KPIs

Cashflow Cash to Cash Cycle Time - Intro DIO - Days Inventory Outstanding - Reminder DSO - Days Sales Outstanding DPO - Days Payable Outstanding Cash to Cash Cycle Time - Example and Summary

5. Time KPIs

Measuring Time Customer Lead Time / Order Fulfilment Cycle Time Throughput Time

6. Supporting KPI Topics

Supporting KPI Topics - Introduction Integrated / Complementary Metrics Supply Chain Robustness, Flexibility and Risk How to Improve a Supply Chain Nearly There

7. Delivery and Satisfaction KPIs

Favors for the Delivery Man More KPIs - Introduction Fill Rate Sell Through Rate Stock-Outs Lost Sales Due to Stock-Outs On Time In Full % (OTIF) Customer Satisfaction

8. Variation and Uncertainty KPIs

Measuring Variation & Uncertainty Forecast Error - An Introduction Forecast Error

9. Waste & Cost KPIs

Waste & Costs - Introduction Wastage Dead Stock Holding Costs of Inventory Shrinkage

10. KPI Dashboards

Presenting KPIs and Dashboards

11. Conclusion

Wrap Up Conclusion and Connection

12. Bonus and Appendix

How to Get Your Certificate What’s Next - Further Reading Bonus Lecture