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SCM Dashboard

 Near Real-Time Performance Metrics Improve Participation, Productivity, and Profits
 Main components of Supply Chain Management (SCM) dashboard are:
Key performance indicators:
Customer Service – Determine how well you are servicing your customers and if you are meeting your customer service goals. Among the many variables that can be displayed are production and distribution performance, quality improvement, customer feedback, response time, as well as full complement of other customer service criteria.
 
Assets – It helps answer the all important question “how well are your assets being managed” and provides insight into maximizing asset allocation.  Get a birds-eye view of the relationship among all your assets. A partial list of assets includes inventory, stock and cash cycles.
 
Costs – Answers the question “what are the actual costs incurred to deliver a particular level of service? Determine the best and worst cost variables. Unveil the most effective cost scenario among freight, warehouse, distribution and other and realize cost savings.
  Financial Metrics
Financial metrics –It is critical to have integrated, real-time information on revenue, profits, costs of sales, other financial markers and DII. Financial metrics are inherently measurable, and a gap analysis can be generated based on targets from competitors to vendors, to industry analysis, to past performance and field reports. Saves money, saves time and increases productivity.
How can the dashboard help track SCM performance?
Instead of simply comparing the quantity or inventory on hand, Inov-soft’s dashboard allows you to identify the gaps between the target goal and actual production and its true cost to your business. Any inefficiency is immediately brought to light. This helps improve performance and optimize asset allocation. An equally important capability of Inov-soft’s dashboard is in applying the gap analysis identified above to the SCM processes itself. The information gained can potentiate greater efficiencies across distribution, logistics and warehouse management metrics.
Note:
This is just one example of how to use our software to track the financial metrics and key performance indicators for SCM. You could use our software to publish any types of metrics that you deem is appropriate for your company.