Key Performance Indicators (KPIs) for Successful Process Improvement (Part 2)
Welcome back to the Kaizen Hero Process Improvement Consulting Podcast! In this episode Adam R. Maud continue his deep dive into Key Performance Indicators (KPIs) essential for successful process improvement. Building on last week's discussion, he explores additional KPIs that can signal the need for process improvements in your organization.
- On-Time Shipment Rate: Ensuring timely deliveries to maintain customer satisfaction and efficient supply chains.
- Order Fill Rate: Measuring the percentage of customer orders fulfilled from available stock and its impact on inventory management.
- Dock to Stock Time: Reducing the time taken to move received goods from the dock to storage to enhance warehouse efficiency.
- Cost per Order: Understanding the average cost of processing an order to reflect more efficient operations.
- Return Rate: Analyzing the percentage of orders returned by customers to identify areas for improvement in order accuracy and customer satisfaction.
Join us as we unpack these KPIs and discuss practical strategies to implement them in your business operations. Whether you're a process improvement professional or a business owner looking to optimize your operations, this episode offers valuable insights.
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