Liladhar Pasoo has been the leading logistics and supply chain management provider


Mark123

Uploaded on Jun 30, 2023

Category Business

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.

Category Business

Comments

                     

Liladhar Pasoo has been the leading logistics and supply chain management provider

LiladharPasoohasbeentheleadinglogisticsandsuppl ychainmanagementprovider Liladhar Pasoo has been theleading logistics and supply chain management providerfor industries belonging to various sectors such aschemical,energy, fashion, paints, agro, food andengineering goods, etc. The company was established in 1919 and has since then grown to provide360-degree logistics solutions. And to provide the best end to end services across the globe, itbecomes essential to incorporate a system for smooth functioning. This is when key performance indicatorsandanalyticscomeintoplay. The key performance indicators and metrics demonstrate the performance of logistics and supplychain 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. InventoryTurnover Inventory turnover is a measure of the number of times a company sells its stocks and goods over aparticular period. It helps us gain a better understanding of the supply chain efficiency and buyingpractices of the company. An efficient inventory turnover not only reduces storage cost but alsoenables us to sell products at a premium cost. Our company’s expertise is to offer inventory management solutions ,3PLservicesandValueAddedServices(VAS)thatboosta business’sbrandauthority and bottom line. 2. Delivery and Shipment in Freight Forwarding These are two key performance indicators essential to meet customer satisfaction, both in B2B andB2C industries. In freight forwarding, it becomes essential to understand the variation in industryrequirements.Ourcompany’sFreightForwardingServicesthroughitsmultimodalsolu tionsprovidesdedicated logistics assistance to customers. 3. Freight Bill Accuracy Billingaccuracyinshippingandfreightingisvitalforsuccessinlogistics.Tomeettheobjectives ofprofitability and customer satisfaction, tracking the freight bill will help prevent detrimental trends leadingtoanefficientshipmentofgoods.Thushelpingyourbusinessgrow. 4. Cash-to-CashCycleTime 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 theamount of time operating capital is tied up. This metric helps us to increase the efficiency of thesupply chain. The entire process can be improved with the ability to track the average cash to cashcycle, thus freeing up resources for other uses. 5. CustomerOrderCycleTime. The Customer Order Cash Cycle measures how long it takes to deliver a Customer Order after thePurchase 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 perfectorder rate helps us measure the success of our ability to deliver orders incident- free which will helpavoiddamages,delaysandinventorylosses.Thehigher,theperfectorderrate,thebetteriti sastheKPIhas a direct impacton customer retention and loyalty. From tracking shipments to monitoring inventory levels, each practice has its own objectives andfulfilment of each of these is essential to achieve and climb the ladder of success. Liladhar Pasoostrongly believes that it is personal attention, care, real- time solutions and customisation that makethe difference and is the only way to be one of thetop logistics and supply chain companies inIndia.