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When gathered correctly, you can also use inventory KPIs to analyze and improve operations. How to Build Useful KPI Dashboards. Why Inventory KPIs and Metrics Are Essential for Reporting? Good reporting allows you to monitor the health of your operation. Operational inventory KPIs.
To keep business running smoothly while the economy is in flux, tracking and meeting KPI goals can help your organization thrive. Why Track KPIs? When you have precise data in an easily digestible format, you can make actionable decisions that impact business performance.
Examples include: AP Cash Forecast – Understand projected cash usage related to AP by month, with the ability to run the report “as of” any chosen date.
After you have defined and implemented a meaningful KPI, the next challenge is to improve your OTIF. Many organizations calculate OTIF in different ways. Have you been able to define what “on time” means for your organization? Assess Your Customer Relationships and Satisfaction Levels.
Organize and Clean the Data You Rely On. For many companies, SAP data can be a lighthouse in the storm, helping overloaded employees navigate strained supply chains. Without purpose-built supply chain reporting technology, managers of these processes who are using polluted SAP data are often unaware that it is even polluted.
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