KPI Logistics in the Supply Chain
POSTED BY admin on Apr 18, 2008 under Management
Logistics is a critical point in the supply chain. Businesses with logistics aspect can make use of KPI logistics to help determine the performance of the operation.
KPI logistics or key performance indicator logistics involves certain metrics that are typical in the logistics industry. These metrics include cost and time, as well as the risks. There are complexities involved in the transactions made with different parties.
Cost and time are two elements typical in logistics operation. For a logistics business to be competitive, it must have the knowledge of the time of transit in certain locations. Time is of the essence in logistics business. Delay in delivery translates to inefficiency in the operation. The delay can also be costly.
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