Measuring Supply Chain Performance: The 3 KPIs You Need to Measure Inventory

The overall performance of your supply chain can be measured by examining three key questions:

  1. Is the supply chain acquiring the things your organization needs?
  2. Is it providing customers with the things they need?
  3. And is it doing it all in the right time and for the right price?

To find the answers, the first place you need to look is your inventory. And to know what you're looking for, there are three valuable Key Performance Indicators (KPIs) you should be monitoring. Inventory ensured that businesses are able to deliver what customers want, when they want it. But how do you strike the fine balance between having enough and having too much?

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About Dave Carleton

Dave is the U.S. Practice Director for Manufacturing and Distribution at TARGIT, www.targit.com. Dave has spent his entire career, over three decades, providing business solutions to the Manufacturing and Distributions industries. His practical experience includes program development, marketing, and sales with an education in accounting.

Dave's passion is twofold, providing and assisting individuals to reach their potential and helping businesses reach their potential through technology implementation.

Dave has spent the last five years consulting with Microsoft Dynamics ISV's to expand their businesses through channel development, branding, marketing, and direct sales. Prior to that, he was the founder and President of Maximum Business Solutions. Max Biz, as it was known as, was one of the fastest growing and recognizable ISV's in the Microsoft Dynamics eco system with solutions in WMS and Route Accounting. He proudly wears the title "Godfather of WMS."

Dave is married with three adult children.    

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