Metric To Assess Success
The assignment must be a completed paper, with APA formatting, references, and error-free spelling and grammar.
Write a paper of 500–700 words on metrics and key performance indicators (KPIs) used in logistics and supply chain operations. Include the following:
Explain the importance of developing metrics and KPIs in logistics and supply chain operations.
Complete research on a company of your choice, and provide at least 2 metrics used by this organization.
Focus your research on the logistics and SCM departments of your selected organization.
Support your research with a table, chart, graph, or any other graphical item that communicates the metrics that you identified.
Explain what the metrics indicate and how they can benefit the organization.
Lastly, how can your company develop KPIs that track ethical performance? Why is this important to business success?
Solution Preview
We can characterize logistics as the administration of the organization materials spill out of providers to clients, in a way that the client is reached in due time and at the most minimal conceivable cost. In this manner, logistics is in charge of arranging, executing and checking the capacity, the stream of merchandise and enterprises, and the information as for source and goal, continually as showed by the customer’s needs ( Jonsson, 2008).
(770 words)