How Setting Objectives and Key Results Supports Supply Chain Success

Objectives and key results, or OKRs, can play important roles in achieving a digital transformation for your supply chain. For instance, OKRs such as decreasing processing time from 48 to 24 hours and reducing the customer backorder rate from 3% to 1% are  the type of guidelines that help optimize inventory levels.

Other areas can benefit as well: setting OKRs to decrease the average supplier defect rate from 2% to 0.25% can be a key step in improving the performance of the purchase department, while cutting shipping and freight cost per unit from $4 to $3 can improve the efficiency of freighting operations.

For more examples of how OKRs can set the stage for supply chain transformation, check out this infographic from Profitco.

Access The Media Kit


Access Our Editorial Calendar

If you are downloading this on behalf of a client, please provide the company name and website information below: