13 KPI's For Your Distribution Business
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- čas přidán 21. 07. 2024
- For More Information visit: www.laceupsolutions.com
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In this video I discuss 13 key performance indicators that you can track for your business. These 13 KPI's will enable you to measure profitability, inventory accuracy, service to the customer and route efficiency. I don't know of a n extremely successful distribution company that does not have these KPI's in place.
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Amazing advice! Thank you so much.
Greetings from Turkmenistan. Very useful channel. Please keep making videos 👍
Love you, mickey... I learn a lot from you....😘
Thanks for the video.
Your channel is unique, no other like it on the topic of distribution that I can find. I hope you keep making videos
Thank you so much for your comment. I will continue to make videos as long as I'm able!
Great information.
Well Explained
Appreciate you
Is itpossible for A warehouse to just pick and shipped base on accuracy picking level
How do you ensure the kpis are tracked correctly? For example the picking accuracy, is the employee supposed to raise their hand and say they made a mistake? Does the WMS do it automatically?
Just saw your comment. The WMS should identify miss-picks. This is normally identified when you check the order or when you get returns back on the delivery.
@Warehousing & Distribution Tips By LaceUp Thanks a lot! Great content!
How would I business measure picking accuracy for pickers. We have over 1000-2000 lines of order on average daily, it'd be difficult measure what each picker has picked. Thanks
You have to random sample. It requires some effort and man power, but if you have a person available have them randomly sample a couple lines on each order. Over time, the data captured will move towards the mean of what your picking accuracy truly is. Either do this, or get yourself a system that does this for you in the first place.
@@Laceupsolutions thanks for the reply, yeah I tried the sampling for abit but unfortunately it didn't work to well with our set up. When we get a scanning system in place in a couple months that will be a huge improvement. Thanks
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Dear Bro, Can you please provide the KPIs for a facility management company warehouse.
Thank you for your question. Could you please provide a more specific example of a KPI that you'd be looking for? Please let me know.
@@Laceupsolutions Sir, Mike, actually these KPIs which you are describing now for the Warehouse attached to the Sale (by the way great video) and most KPIs are common for all whse, But we have a warehouse attached to a big Workshop, & we are providing Facility Management services to a Big Infrastructure (Train System), Mean you have the idea the kind of warehouse we have, so kindly help me to make it a better warehouse, i am a supervisor of this warehouse (having whse exp of 13 yrs of construction companies). Hope you understand my request.
What an extremely complex business distribution is. Doesn’t seem worth it for the razor thin margins.
Its extremely recession resistant and its very high volume so its still very profitable!