There are multiple logistic management key performance indicators, but I will discuss the top 5 logistic management key performance indicators. If you have installed these management keys, it will cover all the necessary things. Here are the 5 top Logistic Management Key Performance Indicators
- Safety
- Warehouse Handling
- Distribution & Transportation Cost
- Inventory Accuracy
- Door to door delivery
Safety
Logistics and warehouse is probably the most underrated area. Safety is the first basic key in the warehouse and logistic field. If you are a supply chain manager or warehouse manager. You must provide a safe logistic work environment. Take all the necessary measurements in the warehouse to create a safe environment for employees. safety KPI includes zero incidents, days of case rate, near miss, etc.
Warehouse Handling
Our next KPI is Warehouse handing. When the container or truck arrives in the warehouse, Employees unload them and store them into the warehouse. This is called handling-in while shipping out means the pinking product, packaging it, and then load back into the container. So, understand handling in/out cost includes packaging material, creating a safe environment, and labor working hours. Therefore it is important when you are negotiating contract 3PL.
Distribution & Transportation Cost
The Transportation Service cost heavily depends on the freight mode. It is necessary to understand freight mode. Common freight modes are Air, Sea, Road, and rail. In this KPI, we need to understand, container charges from china, japan, the UK, etc. What are tournaments handling changes And charges I paid for the truck from the terminal to arrive at my warehouse.
Inventory Accuracy
Inventory accuracy is crucial because if you are loos inventory, it will make a problem. Therefore, use a counter cycle or annual counter to keep the correct inventory record.
Perfect Order Fulfillment
Perfect order fulfillment is complicated but important. It includes complete, on time, and correct documentation. For example, a customer order 100 fans. So you must be delivered 100 fans on-time with complete all the required documents.
KSL logistics has provided services for many years across the globe. Our expert shippers can provide you with the best freight services, including sea freight, air freight, and road transport. For more information visit Contact Us