VEHO Industry Update: This article highlights developments relevant to the freight, logistics, and supply chain industry.
Top 9 3PL Warehouse KPIs
What KPIs should a 3PL warehouse track? A 3PL warehouse should track nine core KPIs across three areas. For inventory: inventory accuracy, carrying cost per unit, inventory turnover rate, and shrinkage. For fulfillment: average lead time, cost per unit shipped, and on-time delivery. For picking and packing: picking accuracy and rate of mis-ships. Track them…