See the big picture

The challenge facing your organization is managing all of the components of your supply chain, from procurement  to receipt. A supply chain KPI Dashboard helps you see the big picture by viewing all the most important KPI at one time.

A real time perspective

Mobile accessible

Managing your supply chain means that you're often on the go, inspecting warehouse activities, meeting with suppliers or visiting customers. That's why you need a supply chain dashboard that is accessible on any mobile device. No matter where you are, you can always see the status of your operations.

Inventory turnover

Inventory turnover is one of the important, yet one of the most neglected, performance metrics.  With a KPI Dashboard you can raise awareness at all levels of the company, especially in Purchasing and in Sales.

Audience: Analysts, Managers, Executives
Calculation: (Total Sales - Cost of Sales) / (Inventory remaining at end of year) = Times inventory turns over per year

Perfect order rate

Back order rate

Now you can see in real time what your back order rate is and be instantly alerted to indications of supply chain problems. The bottom line is that back orders often get cancelled. That is lost revenue. This simple graphic can help your procurement staff better understand their priorities.

Audience: Front-line, Managers
Calculation: # of back orders / total # of orders = Back Order Rate

Inventory accuracy

The accuracy of your inventory - actual versus book - can make or break your business over the long haul.  This graphic will warn you that you may have a problem in either receiving, shipping, inventory identification, or accounting.

Audience: Front-line, Managers, Executives
Calculation: # of Items counted / # of Items books count = variance %

Order status

Inventory to sales ratio

Carrying too much inventory can be just as crippling as having too little.  Setting, and performing to, optimal metrics will make profitability much easier than unnecessarily tying up your money in too much inventory or losing sales because of too little.

Audience: Analysts, Executives
Calculation: (Inventory value $) / (Sales value $) = I-S ratio

Rate of returns

The key to this metric is providing a breakdown for the reasons why items are returned so you can identify trends and reduce your rate of return. Your KPI Dashboard will show you the principle reasons products are being returned. You can use that information to identify and resolve problems you didn't even know you had.

Audience: Front-line, Managers
Calculation: (Total Items Returned) / (Total Items Shipped) = % Rate of Return

Order tracking

Cost of inventory

The cost of your inventory is more than the price you paid for it. This KPI Dashboard graphic keeps you abreast of all of the factors of the carrying cost of your inventory.  You may not need this information on a daily basis, but it is always there when you do need it.

Audience: Managers, Executives
Calculation: Inventory carrying rate * Average inventory value =