Objective:Another vital difference between a metric and KPI is the objective. A good KPI is always tied to the outcome. You expect it to go up or down to reach its target. Metrics, on the other hand, measure the impact of the day-to-day performance of different business areas, and as...
Supply chain sustainability.In addition to labor issues, a company can look at the broader social impact of its supply chain. This might include measuring supplier diversity, such as the number of minority-owned or woman-owned businesses, as well as the social benefits of responsible sourcing...
If you already have an understanding of what’s happening in the industry, feel free to get straight to the next section, where we talk about how to build the sought-after resilience. Why supply chain resilience is so important Since supply chains are usually far from being linear, they ...
Just for you Latest tips to improve UK ecommerce logistics See All Recession-Proof Business Ideas & Products: What Sells During an Economic Downturn? Avoid Ecommerce Warehouse Congestion With ShipBob (+ Expert Tips) Transloading 101: Logistics Guide to Understanding This Essential Shipping Process...
The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows buil...
Transportation is a big part of your business's logistics expenses, so even small adjustments can lead to real savings. Start by looking at your Average Delivery Time and On-Time Delivery Rate – these key metrics can highlight where things might be slipping through the cracks. If you're ...
Check out this step-by step guide to conducting your own supply chain audit, and how expert partners like ShipBob can help you optimize.
The 3 Types of KPIs to Reference as You Build Your Metrics Key performance indicators answer the quantifiable piece of your goals and objectives. here are three types of KPIs. Now that you know the components of great key performance indicators, here are some different ones that you might thin...
Fromdata consumers’ perspective, we should add three more dimensions to data quality. When data consumers shop for quality data, their challenges are more oriented to the supply-chain of data. Their first requirement is dataaccessibility. They want to know where data resides and how to retrieve...
Dear Andy: The Power of Simplifying Your OKRs Dear Andy: Improving Personal and Professional OKRs Dear Andy: How to Choose Objectives that Truly Matter Dear Andy: Should Individual Contributors Be Using OKRs? Dear Andy: Where do Metrics Belong in OKRs? Dear Andy: How to Simplify OKRs ...