A logistics KPI or metric is a performance measurement that is used by logistics managers to track, visualize and optimize all relevant logistic processes in an efficient and transparent way. Among others, these measurements refer to transportation, warehouse and supply chain aspects.
“you cannot improve what you do not measure”
Here is the complete list of the most important logistics KPIs and metrics.
Shipping Time: Spot potential issues in your order fulfilment process
Order Accuracy: Monitor the degree of incidents
Delivery Time: Track your average delivery time in detail
Transportation Costs: Analyse all costs from the order placement to delivery
Warehousing Costs: Optimize the expenses of your warehouse
Number of Shipments: Understand how many orders are shipped
Inventory Accuracy: Avoid problems because of inaccurate inventory
Inventory Turnover: Track how many times your entire inventory is sold
Inventory to Sales Ratio: Identify a potential overstock