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Measuring Supply Chain Performance: Key Performance Indicators

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which key indicator tells a business owner if their warehouse is too big?

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1. Which key indicator results in a figure that represents the number of days' worth of product available?

2. On-time rate is best calculated by dividing the number of on-time _____ by the number of total orders shipped.

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About This Quiz & Worksheet

Working through the worksheet and quiz is a great way to check your knowledge of supply chain performance and ways it is measured. Different key indicators are covered on the quiz.

Quiz & Worksheet Goals

These topics are on the quiz:

  • Term for how long it takes to manufacture a single unit
  • How on-time rate is calculated
  • A key indicator that tells business owners if their warehouses are too large
  • Key indicator that gives a figure representing number of days' worth of product available
  • The key indicator that tells a business owner how efficient a factory is

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about the different types of key indicators
  • Information recall - access the knowledge you have gained about how to calculate the on-time rate
  • Reading comprehension - ensure that you draw the most important information from the lesson on performance indicators in supply chains.

Additional Learning

Keep learning by using the lesson named Measuring Supply Chain Performance: Key Performance Indicators. You'll get to cover more about:

  • What supply chain management is
  • Why companies are concerned with how long it takes them to produce a product
  • Technical terms relating to supply chains
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