What is a Key Performance Indicator (KPI)? Explain the importance of developing metrics and KPIs in logistics
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Question:
- What is a Key Performance Indicator (KPI)?
- Explain the importance of developing metrics and KPIs in logistics and supply chain operations.
- Explain what metrics indicate and how they can benefit an organization.
Expert Answer:
Key Performance Indicators KPIs in Logistics and Supply Chain What is a KPI A Key Performance Indicator KPI is a quantifiable measure used to track progress towards a specific goal It acts as a benchm... View the full answer
Related Book For 
Operations Management Processes And Supply Chains
ISBN: 9781292409863
13th Global Edition
Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman
Posted Date:
