13 KPI's For Your Distribution Business
For More Information visit: www.laceupsolutions.com
**********
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.
**********
Don't forget to SUBSCRIBE to LaceUp Solutions to stay informed on all things distribution industry related, accounting systems, as well as important tips and tools that will help improve your business overall !
For More Information visit: www.laceupsolutions.com
Questions or Inquiries: +1 (786) 437-4380
**********
Follow Us on Social Media !
LinkedIn: bit.ly/2GL4hTy
Instagram: bit.ly/2KVlyP8
Facebook: bit.ly/2KXA1Kg
Пікірлер: 22
Amazing advice! Thank you so much.
Greetings from Turkmenistan. Very useful channel. Please keep making videos 👍
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
@Laceupsolutions
2 жыл бұрын
Thank you so much for your comment. I will continue to make videos as long as I'm able!
Great information.
Love you, mickey... I learn a lot from you....😘
Well Explained
@Laceupsolutions
2 жыл бұрын
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?
@Laceupsolutions
Жыл бұрын
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.
@jclagoss
Жыл бұрын
@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
@Laceupsolutions
2 жыл бұрын
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.
@rhhfhfsajajaa4294
2 жыл бұрын
@@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
Dear Bro, Can you please provide the KPIs for a facility management company warehouse.
@Laceupsolutions
2 жыл бұрын
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.
@waqarahmed-cn5mf
2 жыл бұрын
@@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.
@Laceupsolutions
6 ай бұрын
Its extremely recession resistant and its very high volume so its still very profitable!