KPI (Key Performance Indicator) in warehousing

A Key Performance Indicator (KPI) in warehousing is a measurable value that helps assess the efficiency and effectiveness of warehouse operations. Common KPIs include order accuracy, inventory turnover, and average shipping time. By tracking these metrics, warehouses can identify strengths and weaknesses, improve productivity, reduce costs, and enhance customer satisfaction. KPIs provide clear targets and benchmarks for performance, enabling managers to make informed decisions and optimize processes. Overall, they serve as vital tools for evaluating how well a warehouse is achieving its goals.