Dashboard Warehouse – A logistics dashboard enables monitoring and reporting on key logistics KPIs related to warehouse operations, transportation processes and the entire supply chain. It is an advanced analytics tool that helps visualize and optimize logistics operations through advanced data analytics.
How can a logistics company where the customer is always accustomed to instant gratification keep up with today’s booming global economy? The answer is simple: it’s not a piece of cake. To manage all the ebbs and flows of your logistics processes, you need to track key data that helps you gather actionable insights to make your business successful. With its BI dashboard software, you can manage all your logistics data in one place and visualize it with interactive online dashboards updated in real time. By collecting all relevant logistics metrics in one professional dashboard, companies can effectively manage their operations, discover trends and identify potential problems to ensure high quality service. We’ll show you how with 5 industry examples.
Transportation Dashboard – Warehouse KPI Dashboard – Supply Chain Dashboard – Scorecard Pick & Pack – COO KPI Scorecard
Operations Dashboard Examples Based On Real Companies
Five metrics appear in the logistics dashboard template above, each providing valuable information for transportation management. Monitoring the loading time and its weight is the primary KPI to measure, which affects the remaining transport efficiency. Once you know how long it will take to load your aircraft based on weight, you can estimate specific times per ton and set loading time goals. Optimizing this time allows you to load more and ship more; But keep your goals realistic, because a rushed shipment often turns into a broken shipment. Monitoring over time also allows you to identify trends and patterns that lead to a certain difficulty or, conversely, greater ability; It also gives you insight into how your supply chain is performing.
Identifying this data is useful when you want to allocate resources more efficiently. You may also need information such as: Which orders are heavy and require more people to load? Conversely, are there any that require less effort but take more time to load? Based on the answers you find, you can act with full understanding of your transportation management.
Your fleet and the people who drive it are your number one asset. It is important to operate as efficiently as possible by always optimizing the use of trailer capacity and at the same time reducing CO2 emissions into the environment and fuel consumption. Another important aspect is the management of routes. Deliveries are the final step in completing an order online and are a testament to your company’s efficiency and reliability. They should be maintained intact and in the correct order within the time frame they were originally delivered to your customer. Without all these checkboxes, your business’s image will suffer.
As a warehouse manager, you need to have an immediate overview of your facility and know immediately whether the factory is meeting its goals and performing reliably. To perform this, you need to keep track of the correct calculations and watch the activities. We have collected several KPIs to help you in another logistics dashboard example.
Dashboards — Dowarehouse
Directly affecting the previous dashboard data are on-time shipments: if these are delayed, loading – and with the possibility of creating bottlenecks in the future – and also deliveries. On-time shipping, i.e. the proportion of orders that are ready to be shipped within the specified deadline, is important to bring as close to one hundred percent as possible. It actually measures your supply chain management performance; If this count is too low, it can cause problems in the process between order and shipment, for example due to unanswered increased demand or unupdated planning processes. Another KPI worth measuring is order accuracy, when on-time shipment is performed. Having the highest possible order confirmation rate will ensure that satisfied customers return to your services and tell their friends and family. A perfect order is an order that has been processed, shipped and delivered without incident between placement and arrival at the customer. It is on time, not damaged or incorrect. If handled properly, you’ll also save money by avoiding losses in return items.
In this example of a logistics dashboard, you can also monitor your operating costs. These include various aspects of running your warehouse, from costs related to equipment, energy consumption, and materials used, to labor, shipment delivery, and more personnel related to delivery. These handling costs give you a good idea of the costs required to process an order and adjust the price accordingly to keep your inventory stable. It also helps you identify different entry costs and their evolution over time. Comparing them to the same period a year ago is an interesting source of insight.
Finally, a great metric for predicting the total number of shipments, which can be used as an indicator in the future: knowing shipment trends over time will help you be better prepared in terms of manpower and inventory storage at peak times of the day. or peak periods in the coming year.
The bottom line of this logistics dashboard, of course, is to have better inventory management, which leads to smoother operations, increased efficiency and increased revenue.
Warehouse Inventory Management
To meet today’s global economy and its many challenges, logistics companies must rethink the supply chain and transform it into a data-driven value chain. Our next logistics dashboard template will help you by focusing on supply chain and inventory management.
By starting by analyzing the inventory-to-sales ratio, you can have an initial performance barometer, as it is a good indicator when dealing with the unexpected. This calculation is the ratio of the value of items in stock divided by the total value of sales orders you have completed; The goal is usually to keep it low. Combine this calculation with the next, inventory turnover, and you’ll have a good overview of your business’s financial sustainability. Inventory turnover measures the number of times your company is able to sell all of its inventory in a year. This is a good indicator of efficiency, as well as an important indicator of your demand and how you respond to it: good purchasing practices, good on-time shipping, time management, etc. The higher your turnover rate, the better. A low turnover rate can lead to an inability to convert your products into sales.
The third KPI of this logistics dashboard is inventory carrying cost, which measures the cost of storing and handling your goods in inventory. Expressed as a percentage, it assesses capital, storage space, warehouse services and inventory risk. The annual amount for these costs is summed and divided by the average inventory investment, and values typically vary between 20-25% of the value of the inventory on hand. Any organization needs inventory management, but the question is how old or excessive is this inventory? The aim is to reduce these costs and at the same time have a high stock turnover. At the same time, we often observe empty shelves and racks in the warehouse, which increases the out-of-stock rate. This ratio is measured by dividing the number of items placed when the customer ordered by the number of items in stock. By keeping this ratio as low as possible, you can avoid disappointed customers.
Last but not least, there’s another inventory-related KPI that says a lot about your inventory management: inventory accuracy. If your electronic version of inventory doesn’t match your actual physical inventory, it’s more likely to hurt your business than the inventory itself. It is natural to have variances, but you must set a goal and try as much as possible to keep your inventory fresh and this ratio as high as possible. Then your business will appear more credible and you will avoid wasting money while increasing customer retention.
Management Information System Dashboard For Data Warehouse Implementation Structure Pdf
Our fourth example is a warehouse KPI scorecard that tracks overall order processing in logistics. Called pick and pack, it is the process by which a worker finds an item from an order in the warehouse and places it in a box or other form of packaging for shipment to the customer. Thanks to advanced pick and pack analysis and technologies, businesses such as e-commerce or retailers can manage their supply chain efficiently.
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