Complex supply chains demand a sophisticated ability to define, select and monitor key performance indicators (KPIs) to analyze your business processes. It is crucial to gain insight into your supply chain to:
Reduce
- Procurement and Production cycle times
- Inventory carrying cost
- Operating costs
Increase and Improve
- Sales and Revenues
- Overall supply chain performance
- Organizational effectiveness
The business wants to make decisions faster and proactively based on the trend from sales revenue, inventory value, cash flow etc. Understanding these trends allows management to take the necessary action required to improve the overall process efficiency. |
BEST Tool
BEST Tool consists of 14 Key performance indicators (KPI) that will help management to analyze the trend and make decisiona proactively -
- Inventory Turns
- Supplier performance
- Procurement Cycle Times
- Number of Functional failures
- Mean Time Between Failures
- Production Cycle times
- Production scrap variances
- Days Payable Outstanding (DPO)
- Asset Turnover Ratio
- Cash to Cash Cycle Time (C2C)
- Days Sales Outstanding (DSO)
- Cash Flow Return on Investment (CFROI)
- Delivery Performance
- Sales Performance
These KPIs are developed in Business Intelligence and NetWeaver technology. The BEST Tool provides customers with options to choose either of them for implementation. |
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BEST Tool highlights
1. Management dashboard provided for faster analysis
2. Individual KPI details displayed for detail analysis
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Benefits
BEST Tool is readily deployable with minimal customization and efforts. The cost of implementation is reduced considerably as it is a preconfigured solution.
BEST Tool enables following business benefits -
- Inventory reduction
- Decreases operating cost
- Increases sales and revenues, customer service
- Decreases lead times - higher response time
- Increase in market share
- Optimizes or Re-engineers, wherever required |