Inventory to sales ratios and the carrying cost of inventory can be effectively visualized using line and bar graphs. These visualizations can help assess which costs are the biggest at a glance and can be measured against the company or team's sales and compared to the industry average. The data for these visualizations can be linked up to Excel sheets where executives can plug in their data. The range of data can be adjusted as per the requirement, for example, it can be minimized or extended to include three years' worth of data or more.

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The data range in the supply chain dashboard can be adjusted according to the company's needs by editing the linked Excel sheets. The dashboard is designed to link up to Excel sheets where executives input their data. The example in the template has three years' worth of data, but executives can edit the sheet to minimize or extend this range as per their requirements.

Comparing supply chain costs vs sales in a business is significant as it helps in assessing the efficiency of the supply chain operations. It provides a clear picture of how much is being spent on supply chain processes in relation to the revenue generated. This comparison can help identify areas where costs can be reduced without compromising the quality or speed of delivery. It also allows businesses to benchmark their performance against industry averages, thereby understanding where they stand in the competitive landscape.

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KPIs and Performance Metrics

Does your team struggle to meet your most important business objectives?KPIs are vital for performan...

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