Transportation, 20 metrics & KPI
Before dashboard creation, it’s important to define metrics and key performance indicators (KPI). Which of them will you use into your dashboard? This choice depends on your function, your strategy and your market. Difference between metric and KPI is objective. A KPI is a metric with an objective, a status and one or more trend(s).
You can use these metrics and KPI for strategical, tactical or operational dashboard. Context and filter will define the level. Be sure to develop your transportation dashboard according on your organizational strategy and with business team, transport analysts and managers.
There are others metrics and KPIs for information technology department. I’m listing some KPIs that I often implement for my clients.
Transportation Metrics and KPI list
I propose to present 20 metrics and KPI for transportation domain:
Book to ship days
Average of shipped date : firm date (booked date used if no firmed date)
Claims percentage for freight costs
Customer order promised cycle time
Inventory months of supply
On-time line count
Pick exceptions rate
Percentage of picks with exceptions
Pick release to ship
Planned on-time shipment
Planned service level (percentage of shipments shipped on time)
Planned resource utilization
Planned resource usage
Product revenue backlog
Value of work-in-process (WIP) completions into inventory
Production to plan rate
Time elapsed from pick release to ship confirm
Time elapsed from receipt
To calculate these metrics and KPI you need to have access to your data: management system, payroll and HR system, accounting system, logistic system.
20′ lists of Metrics & Kpis
- 4State-transition model profiling examines life...
- Timeline profiling looks for patterns in histor...
- Analyzing profiling results Data profiles provi...
- Mining basic statistics Attribute profiling pro...
- Attribute profiling examines values of individu...