Significance of Key Performance Indicators for Supply Chain Health

Authors

Ashish Patil

Abstract

Key Performance Indicators (KPIs) are critical components of modern supply chain management systems. As global markets become increasingly complex, organizations are focusing on using KPIs to gain better control over their operations, improve decision-making, and deliver enhanced customer value. This paper explores the core meaning of KPIs in the context of supply chains, identifies essential metrics for assessing supply chain health, and outlines best practices for monitoring and interpreting these metrics. The paper also includes an illustrative KPI dashboard, supported by real-world examples, to highlight how businesses can leverage KPIs for strategic advantage. In doing so, the discussion emphasizes how improved KPIs contribute to reduced costs, operational efficiency, and better risk management.

Keywords

Supply Chain Management, Key Performance Indicators, Supply Chain Metrics, Dashboard, Logistics, Operational Excellence, Forecast Accuracy, Delivery Performance

Significance of Key Performance Indicators for Supply Chain Health. Ashish Patil. 2022. IJIRCT, Volume 8, Issue 3. Pages 1-5. https://www.ijirct.org/viewPaper.php?paperId=2504054