Understand the key performance indicators for India's most experienced integrated logistics solution provider. Read about Liladhar Pasoo Group's commitment to providing outstanding service and the metrics used to measure success in the logistics industry.
Liladhar Pasoo has been the leading logistics and supply chain management provider
Liladhar Pasoo has been the leading logistics and
supply chain management provider
Liladhar Pasoo has been the leading logistics and supply chain management provider for
industries belonging to various sectors such as chemical, energy, fashion, paints, agro,
food and engineering goods, etc. The company was established in 1919 and has since
then grown to provide 360-degree logistics solutions. And to provide the best end to
end services across the globe, it becomes essential to incorporate a system for smooth
functioning. This is when key performance
indicators and analytics come into play.
The key performance indicators and metrics demonstrate the performance of
logistics and supply chain management systems. This makes it possible for our
company to improvise the processes, thus helping us provide customised solutions
to our clients.
The key performance factors essential for gauging our performance are
as follows-
1. Inventory Turnover
Inventory turnover is a measure of the number of times a company sells its stocks and
goods over a particular period. It helps us gain a better understanding of the supply
chain efficiency and buying practices of the company. An efficient inventory turnover
not only reduces storage cost but also enables us to sell products at a premium cost.
Our company’s expertise is to offer inventory management solutions, 3PL services and
Value Added Services(VAS) that boost a business’s brand authority and bottom line.
2. Delivery and Shipment in Freight
Forwarding
These are two key performance indicators essential to meet customer satisfaction, both
in B2B and
B2C industries. In freight forwarding, it becomes essential to understand the variation in
industry requirements. Our company’s Freight Forwarding Services through its
multimodal solutions provides dedicated logistics assistance to customers.
3. Freight Bill Accuracy
Billing accuracy in shipping and freighting is vital for success in logistics. To meet the
objectives of profitability and customer satisfaction, tracking the freight bill will help
prevent detrimental trends
leading to an efficient shipment of goods. Thus helping your business grow.
4.Cash-to-Cash Cycle Time
The cash-to-cash cycle is the period from the time when a business pays cash to its
suppliers for
inventory and receives cash from its customers. In short, the cash-to-cash cycle time
measures the amount of time operating capital is tied up. This metric helps us to
increase the efficiency of the supply chain. The entire process can be improved with
the ability to track the average cash to cash cycle, thus freeing up resources for other
uses.
5. Customer Order Cycle Time.
The Customer Order Cash Cycle measures how long it takes to deliver a Customer
Order after the Purchase Order(PO) is made. It helps us evaluate the run-times for
various parameters within the “deliver services and products” service.
6. Perfect Order Rate
This is one of the most vital KPIs for businesses operating in a multitude of sectors. The
perfect order rate helps us measure the success of our ability to deliver orders incident-
free which will help avoid damages, delays and inventory losses. The higher, the perfect
order rate, the better it is as the KPI has a direct impact on customer retention and
loyalty.
From tracking shipments to monitoring inventory levels, each practice has its own
objectives and
fulfilment of each of these is essential to achieve and climb the ladder of success.
Liladhar Pasoo strongly believes that it is personal attention, care, real-time solutions
and customisation that make the difference and is the only way to be one of the top
logistics and supply chain companies in India.
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