key performance indicators

Key Performance Indicators (KPIs) for Inventory Planning and Control

Key Performance Indicators (KPIs) for Inventory Planning and Control

Keeping inventories at the exact desired level is not an easy task. It requires coordination between purchasing, sales, forecasting and demand planning. Very high inventories guarantee demand satisfaction but incur high costs. Low inventories ensure low maintenance costs but involves…
Key performance indicators

Key performance indicators

Key performance indicators (KPI) serve to assess and measure the performance level of important processes for businesses. They are widely used by managers to direct the efforts of employees and partners to improve the most important indexes. Performance indicators are…