Last updated 7/2023
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.90 GB | Duration: 2h 39m
Maximizing Utilization and Efficiency through KPIs and Become a Supply Chain Performance Expert in Warehouse Operations
Free Download What you'll learn
Essential warehouse performance relate to supply chain
Classification of warehouse KPIs by Management Level
Strategic Level KPIs in the warehouse
Tactical Level KPIs in the warehouse
Operational Level KPIs in the warehouse
Typical classification of KPIs in a functional view
Definition, formula, example of calculation, and conclusion of each KPIs of all levels
Conclusion and guideline for improvement
Requirements
Simple Mathematic
Description
Warehouse management performanceWarehouse management performance is a critical component of supply chain management, as it directly impacts the overall efficiency and effectiveness of the supply chain. Effective warehouse management ensures the smooth flow of goods, accurate inventory management, and timely order fulfillment.The performance of a warehouse directly affects the performance of the entire supply chain. A well-managed warehouse improves inventory accuracy, which minimizes stockouts, reduces carrying costs, and enhances customer satisfaction. It enables timely order processing and fulfillment, reducing lead times and ensuring on-time deliveries.Optimized warehouse operations contribute to improved supply chain visibility, allowing better coordination with suppliers, production facilities, and distribution centers. Warehouse performance indicators, such as order picking accuracy and cycle times, help identify bottlenecks and areas for improvement within the supply chain. By streamlining warehouse processes and implementing efficient storage and retrieval systems, organizations can enhance supply chain performance and responsiveness.Moreover, effective warehouse management enables efficient space utilization, maximizing storage capacity and reducing the need for additional storage facilities. This optimization reduces overall logistics costs and improves supply chain efficiency.In summary, warehouse management performance is intimately connected to the overall performance of the supply chain. By ensuring accurate inventory management, timely order fulfillment, and efficient space utilization, organizations can enhance supply chain visibility, responsiveness, and cost-effectiveness.Supply chain performanceSupply chain performance management is vital for organizations as it aligns and optimizes key areas such as warehouse management, transportation, delivery, production, and procurement. It ensures accurate inventory management, streamlined logistics, timely order fulfillment, efficient production processes, and reliable supplier relationships. By effectively managing these components, organizations can enhance operational efficiency, reduce costs, improve customer satisfaction, and gain a competitive edge in the market. A well-executed supply chain performance management strategy leads to seamless coordination and integration across these areas, resulting in enhanced overall organizational performance.Deep detail management in each Key Performance Indicator (KPI) is crucial as it provides accurate insights, identifies root causes of performance issues, and drives continuous improvement. It enables organizations to make data-driven decisions, address specific areas for improvement, and optimize overall performance effectively.!!!!This course will present in classification of warehouse KPIs by Management LevelFurther Performance in the Supply Chain:This course serves as a foundation for exploration in warehouse management. You can expand your knowledge and skills by exploring other courses such as transportation, delivery, and fleet management performance, procurement and purchasing performance, production and maintenance performance, Demand planning, inventory planning, and operation planning performance, and building world-class supply chain performance in areas such as reliability, time and speed, costs, asset management, and agility. Additionally, you will gain insights into data analysis techniques to drive continuous improvement and enhance overall supply chain performance such as :Transportation, delivery, and fleet management performanceDemand planning, inventory planning, and operation planning performanceProcurement and Purchasing PerformanceProduction and Maintenance PerformanceBuilding world class and standard Performance by supply chain dimension as reliability, time and speed, costs, asset management and agile.Data analysis from measurement to improvementModules in this courseSection 1: Introduction to Warehouse Performance OptimizationPreviewUnderstanding the Importance of Warehouse PerformanceKey Factors Impacting Warehouse EfficiencyOverview of Warehouse Utilization and Efficiency MetricsDefinition of KPI LevelsTypical classification of KPIs in a functional viewSection 2: Strategic Level KPIsWarehouse Utilization RateCustomer Order Fill RateInventory AccuracyWarehouse TurnoverReturn on Investment (ROI)On-time Delivery RateOrder Cycle TimeCustomer Satisfaction IndexOrder Accuracy RateSection 3: Tactical Level KPIsOrder Picking AccuracyOrder Cycle TimeReceiving and Putaway EfficiencyOrder Fulfillment TimeInventory Holding CostsWarehouse Capacity UtilizationOrder Lead Time VarianceStockout RateWarehouse Operating CostWarehouse ProductivityDock-to-Stock Cycle TimeReverse Logistics EfficiencySection 4: Operational Level KPIsOrder AccuracyDock-to-Stock Cycle TimePick AccuracyInventory Count AccuracyOrder Lead TimeOrder Processing TimeReplenishment TimeShipment Error RateReturn Processing TimeOrder Picking ProductivityWarehouse Space UtilizationWarehouse Equipment Planned Downtime and Unplanned Downtime (for Forklift Trucks)Warehouse Total Recordable Incident Rate (TRIR)Warehouse Lost Time Injury Frequency Rate (LTIFR)Warehouse Safety Training Completion RateSection 5: Warehouse Performance Monitoring and ImprovementLayout and Design OptimizationStreamlining Material FlowOptimizing Inventory ManagementContinuous Improvement and Lean PracticesSection 6: Conclusion and Next StepsRecap and Key TakeawaysFurther Resources and Next Steps
Overview
Section 1: Section 1: Introduction to Warehouse Performance Optimization
Lecture 1 Preview
Lecture 2 Introduction to Warehouse Performance Optimization
Lecture 3 Key Factors Impacting Warehouse Efficiency
Lecture 4 Overview of Warehouse Utilization and Efficiency Metrics
Lecture 5 Definition of KPI Levels
Lecture 6 Typical classification of KPIs in a functional view
Section 2: Strategic Level KPIs
Lecture 7 Warehouse Utilization Rate
Lecture 8 Customer Order Fill Rate
Lecture 9 Inventory Accuracy
Lecture 10 Warehouse Turnover
Lecture 11 Return on Investment (ROI)
Lecture 12 On-time Delivery Rate
Lecture 13 Order Cycle Time
Lecture 14 Customer Satisfaction Index
Lecture 15 Order Accuracy Rate
Section 3: Tactical Level KPIs
Lecture 16 Order Picking Accuracy
Lecture 17 Order Cycle Time
Lecture 18 Receiving and Putaway Efficiency
Lecture 19 Order Fulfillment Time
Lecture 20 Inventory Holding Costs
Lecture 21 Warehouse Capacity Utilization
Lecture 22 Order Lead Time Variance
Lecture 23 Stockout Rate
Lecture 24 Warehouse Operating Cost
Lecture 25 Warehouse Productivity
Lecture 26 Dock-to-Stock Cycle Time
Lecture 27 Reverse Logistics Efficiency
Section 4: Operational Level KPIs
Lecture 28 Order Accuracy
Lecture 29 Dock-to-Stock Cycle Time
Lecture 30 Pick Accuracy
Lecture 31 Inventory Count Accuracy
Lecture 32 Order Lead Time
Lecture 33 Order Processing Time
Lecture 34 Replenishment Time
Lecture 35 Shipment Error Rate
Lecture 36 Return Processing Time
Lecture 37 Order Picking Productivity
Lecture 38 Warehouse Space Utilization
Lecture 39 Warehouse Equipment Planned Downtime & Unplanned Downtime (for Forklift Trucks)
Lecture 40 Warehouse Total Recordable Incident Rate (TRIR)
Lecture 41 Warehouse Lost Time Injury Frequency Rate (LTIFR)
Lecture 42 Warehouse Safety Training Completion Rate
Section 5: Warehouse Performance Monitoring and Improvement
Lecture 43 Layout and Design Optimization
Lecture 44 Streamlining Material Flow
Lecture 45 Optimizing Inventory Management
Lecture 46 Continuous Improvement and Lean Practices
Section 6: Conclusion and Next Steps
Lecture 47 Recap and Key Takeaways
Lecture 48 Further Resources and Next Steps
Anyone in the area of logistics and supply chain not only staffs and teams also the first jobber who interested in logistics and supply chain career who starting at warehouse function.,The last year students who desire to work in logistics and supply chain field.
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