Logistics KPI Dashboard Excel Template

Are you responsible for measuring key performance indicators for the supply chain in your organization?

Welcome to the Logistics KPI Dashboard Excel Template – your essential companion for Logistics & Supply Chain Management.

What is Logistics?

Logistics is the strategic management of the flow of goods, services, and information from the point of origin to the point of consumption. 1 It encompasses a wide range of activities, including 2 procurement, inventory management, warehousing, transportation, and distribution. Effective logistics ensures timely and efficient delivery of products to customers, minimizes costs, and optimizes supply chain operations. By streamlining processes and reducing waste, logistics plays a crucial role in the overall success of businesses.

What is the Logistics KPI Dashboard?

A logistics KPI dashboard is a visual tool that provides a real-time overview of key performance indicators (KPIs) related to logistics operations. It displays critical metrics such as order fulfillment rates, on-time delivery percentages, inventory turnover ratios, and transportation costs. By tracking these metrics, logistics managers can identify areas for improvement, optimize processes, and make data-driven decisions to enhance efficiency and reduce costs.

This template enables monitoring of your company’s logistics performance by providing data on critical logistics KPIs. It allows you to compare current performance against previous periods and targets, and identify trends in your business.

If you are a Supply Chain and Logistics Manager seeking a comprehensive and manageable Logistics KPIs Dashboard to oversee your operations have come to the right place. This ready-to-use Excel Dashboard will help monitor performance for the Previous Year, Current, and Future periods.

Why are Logistics KPIs and Metrics Important?

Logistics KPIs and metrics are crucial for businesses to:

• Make informed decisions: Data-driven insights help identify bottlenecks and optimize resource allocation.
• Improve efficiency: Streamlining processes, reducing costs, and boosting productivity.
• Enhance customer satisfaction: Timely deliveries, accurate orders, and effective issue resolution.
• Gain a competitive edge: Faster time-to-market, cost leadership, and superior customer service.

With this customizable Logistics KPI Dashboard Excel Template, you can obtain a detailed view of your business’s Current Performance versus Target and the Previous Year’s performance.

Six Focus Areas of Performance Management in Logistics KPI Dashboard

The Logistics KPIs Dashboard we have developed presents KPIs under six main areas of performance management:

1. Time.
2. Quality.
3. Cost.
4. Productivity.
5. Safety.
6. Culture-related KPIs.

Key Features and Why You Should Get It:

Unlock the power of our Logistics KPI Dashboard Excel Template with these simple yet powerful benefits:

• Easy Performance Tracking: Effortlessly monitor your company’s logistics performance with critical KPI data.
• Time Efficiency: Save valuable time by automating the measurement and monitoring of KPIs. This allows your team to focus on strategic tasks rather than routine data collection. You can save 6-8 days of dashboard production time.
• Industry Best Practice: The Supply Chain KPI Dashboard shows all standard supply chain KPIs used in many industrial verticals.
• Performance Comparison: Compare current performance against previous periods and targets.
• Identify Trends: Spot trends in your business operations, aiding strategic decision-making.
• Comprehensive Oversight: Perfect for Supply Chain and Logistics Managers seeking a comprehensive Dashboard for effective oversight.
• Ready-to-Use: A hassle-free Excel Dashboard for monitoring performance across Previous Year, Current, and Future periods.
• Customizable: Tailor the Dashboard to view your business’s Current Performance versus Target and the Previous Year’s performance.

Recommended Logistics KPIs

To measure the performance of your logistics operations, we have developed a list of 47 Logistics KPIs for you to select the most relevant ones for your business.

You can download the file when purchased as an individual product or as an SCMDOJO Member, which offers a higher value proposition.

Create Your Own Supply Chain KPIs in Excel

We have created a Logistics KPIs Dashboard showcasing 25 of the most frequently used Logistics KPIs in the Manufacturing & Distribution Industry. You can download the file when purchased as an individual product or as an SCMDOJO member (providing better value for the user).

As you have identified additional KPIs in the Actual Sheet, you will need to set targets for your teams for these KPIs in the next sheet i.e. Target Sheet. This will make it easier for you to make comparison with year-to-year values and future target values.

Furthermore, the next few sheets will give you the visual representation of the values that will help you understand trends forming in the available charts. It will visually represent the teams effort and work on one screen. The KPI charts would tell you the summary of:

• Time Indicators
• Cost Indicators
• Quality Indicators
• Productivity Indicators
• Safety Attributes
• Cultural KPIs

Input

Output

If you want to derive more value from this dashboard, enroll now into the course on “Must-Know Metrics for Supply Chain Professionals” from SCMDOJO Expert Paul Denneman.

This course will provide you with in-depth knowledge about Supply Chain Performance Management.

Supply Chain KPI Dashboard exists for decades, but the question is “Why to measure performance?”.

As Brewer and Speh (2000), cited in Harrison and van Hoek (2011:97)

“If firms talk about the importance of supply chain concepts, but continue to evaluate employees using performance measures that are…unaffected by supply chain improvements, then they will fail in their supply chain endeavors”.

References:

Hedler, F., 2015. Global warehouse management: a methodology to determine an integrated performance measurement. HAL Open Science,

Essential Business Guides. n.d. 21 Essential Warehouse KPIs To Measure Performance – Zoho Inventory.

LEGACY Supply Chain Services. 2015. Top Warehouse Performance KPIs | LEGACY Supply Chain

Frequently Asked Questions (FAQs):

Q: How does this Dashboard help me improve my logistics performance?

A: It provides critical KPI data, helping you spot areas for improvement.

Q: Can I customize the Dashboard to match my business needs?

A: Absolutely, the template is fully customizable for your unique requirements.

Q: Is the Dashboard suitable for both small and large businesses?

A: Yes, it’s designed to benefit businesses of all sizes.

Q: What is the value of being an SCMDOJO Member?

A: Membership offers added value, including access to exclusive content and benefits.

Q: How do I download the Logistics KPI Dashboard file after purchase?

A: Once purchased, you can instantly download the file for immediate use.