Supply Chain KPI Metrics & Analytics: A Comprehensive Guide!

🚦 Mastering Supply Chain KPIs: A Deep Dive into Metrics, Meaning & Measurement

Course Overview:

Are you a supply chain professional or an aspiring management student aiming to delve into the complex and dynamic world of supply chains? This comprehensive online course from Sitmi Academy is tailored to empower you with an in-depth understanding of key performance indicators (KPIs) within the supply chain domain.

Why You Should Enroll:

• Tailored for Professionals & Students: Designed specifically for those eager to enhance their careers in supply chain management, this course covers both the fundamentals and advanced technical aspects of supply chains.
• Technical and Functional Mastery: Gain a thorough understanding of supply chain operations, from forecasting to inventory management, and learn how these functions impact your business's bottom line.
• Practical Application of KPIs: This course goes beyond theory by providing you with the actual calculation methods and real-world examples for 16 critical supply chain metrics, ensuring you can apply your knowledge effectively.

Core Supply Chain Metrics:

• Forecast Error & Forecast Accuracy: Understand how accurately you can predict demand and its implications on inventory levels and customer satisfaction.
• On Time Delivery (OTD): Learn the significance of timely deliveries and how it impacts your brand's reputation and customer loyalty.
• Order & Documentation Accuracy Rate: Discover the importance of accurate orders in reducing returns, rework, and costs.
• % of Sales lost due to supply issues: Identify the critical impact of supply chain disruptions on your revenue and market position.
• Cash to Cash Cycle: Shorten the gap between purchasing raw materials and turning them into sales, enhancing your working capital and financial health.
• Inventory Metrics: Dive deep into inventory management with metrics like Inventory days of supply, Inventory turnover, Days on Hand (DOH), Inventory accuracy, and more.
• Cost Management: Explore the intricacies of GMROI and how it links gross margin to your inventory investments.
• Efficiency Metrics: Analyze metrics like Excess & Obsolete Inventory and Undamaged Supplier Shipment rate to optimize your supply chain operations.
• Capacity Utilization: Understand Warehouse Capacity Used and its impact on storage efficiency and expansion needs.
• Handling Damage: Learn how material handling practices can affect product integrity and customer satisfaction.

Bonus Learning Materials:

• Study Handouts: Receive comprehensive handouts that cover essential topics such as Operations Management, Supply Chain Management Basics, Materials Management, Production Planning and Control, Sales and Operations Planning, MRP vs. DRP, Inventory Management techniques, Purchasing & Procurement processes, Logistics Management, Transportation and Warehousing best practices, Incoterms, and the Role of IT in SCM.

Course Benefits:

• Integrated Learning: Combine your understanding of supply chain metrics with practical applications to make informed decisions and strategic improvements.
• Global Standards: Learn about internationally recognized standards like Incoterms and how they influence global trade and logistics.
• Real-World Application: With examples, case studies, and hands-on exercises, you'll be equipped to apply these KPIs in various supply chain scenarios.

Expert Guidance:

• The course content is meticulously crafted by our subject matter experts in Supply Chain Management (SCM), ensuring that you receive the most accurate and up-to-date information in the field.

Embark on your journey to supply chain excellence with Sitmi Academy's "Supply Chain KPI Metrics, Meaning & Measurement" course. Elevate your career by becoming a master of supply chain analytics and decision-making! 🌟