April 2020
Beginner to intermediate
184 pages
3h 50m
English
Content preview from Logistics ManagementBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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CHAPTER 11
Illustrative Logistics Performance Frameworks
Introduction
Selecting and monitoring key performance measurements is an important activity of logistics management. A well-designed performance management system facilitates: (1) monitoring how well the current logistics system is operating compared with targeted goals, and (2) if performance is not meeting the targets, then it provides the impetus to exercise control and, if necessary, implement adjustments to obtain alignment between actual performance and targeted goals.
As a result, the logistics organizations of many firms are increasingly employing an array of dashboards, scorecards, key performance indicators (KPIs), and/or other measurement indices to monitor their performance. ...
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