Enroll Course: https://www.udemy.com/course/supply-chain-concepts-performance-management/
In today’s fast-paced business environment, the efficiency of the supply chain can make or break a company. For those looking to delve deep into the intricate world of supply chain management, the course ‘Supply Chain KPI Metrics & Analytics: A Comprehensive Guide!’ on Udemy stands out as a key resource.
Designed for both supply chain professionals and management students, this course offers a thorough exploration of vital supply chain concepts, emphasizing both technical and functional understanding. The course dives into 16 critical Key Performance Indicators (KPIs) that are essential for measuring and managing supply chain performance.
### Course Highlights
The course covers the following KPIs in detail:
1. **Forecast Error** – Understanding the accuracy of predictions.
2. **Forecast Accuracy** – Measuring how well forecasts align with actual results.
3. **On-time Delivery (OTD)** – A crucial metric for customer satisfaction.
4. **Order & Documentation Accuracy Rate** – Ensuring precision in order processing.
5. **% of Sales Lost Due to Supply Issues** – Identifying revenue impact from supply chain failures.
6. **Cash to Cash Cycle** – Understanding the time taken between outlaying cash and receiving cash.
7. **Inventory Days of Supply** – Calculating how long inventory will last.
8. **Inventory Turnover** – Measuring how often inventory is sold and replaced.
9. **Days on Hand (DOH)** – Tracking how many days supplies are available.
10. **Inventory Accuracy** – Ensuring that recorded inventory matches actual stock.
11. **Gross Margin Return on Inventory Management (GMROI)** – Evaluating profitability in relation to inventory.
12. **Excess & Obsolete Inventory (E & O)** – Managing outdated stock effectively.
13. **Undamaged Supplier Shipment Rate** – Ensuring quality in inbound logistics.
14. **Distribution Expense** – Understanding cost efficiency in distribution.
15. **Warehouse Capacity Used** – Evaluating warehouse space utilization.
16. **Material Handling Damage** – Minimizing losses during handling.
### Additional Learning Resources
Apart from the KPIs, the course provides comprehensive study handouts covering various domains such as Operations Management, Production Planning, and Inventory Management. Topics like Sales and Operations Planning (S&OP), Material Requirement Planning (MRP), and Procurement are also discussed in detail, enhancing the learner’s grasp of the entire supply chain process.
### Why You Should Take This Course
This course is not just about memorizing metrics; it’s about integrating these KPIs into a cohesive understanding of supply chain management. The practical examples, calculations, and measurement benefits provided make it an invaluable resource for anyone serious about a career in this field.
Whether you’re starting out or looking to refine your skills, ‘Supply Chain KPI Metrics & Analytics’ is a must-have course that lays a strong foundation for understanding and optimizing supply chain performance.
### Conclusion
In summary, this Udemy course offers a comprehensive guide to mastering supply chain KPIs and analytics. With its clear structure, practical insights, and expert guidance, it is highly recommended for aspiring supply chain professionals and students alike.
Enrolling in this course could be your first step towards excelling in the dynamic world of supply chain management!
Enroll Course: https://www.udemy.com/course/supply-chain-concepts-performance-management/