Supply chain dashboards can significantly aid executives in decision making. They provide a visual representation of key performance indicators (KPIs) such as supply chain costs, supply chain costs vs sales, inventory to sales ratio, and the carrying cost of inventory. This allows executives to quickly assess which costs are the highest and how they compare to the company's sales and industry averages. Since inventory is often a company's largest expense, being able to measure inventory to sales ratios and the carrying cost of inventory can be invaluable. Furthermore, these dashboards are often linked to Excel sheets where executives can input their data, allowing for customization and flexibility in data analysis.
Does your team struggle to meet your most important business objectives?KPIs are vital for performan...
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