Vehicle manufacturers use KPIs to measure the performance of their LSPs but even if there has often been some commonality of purpose, the methods of measurement have not always been the same and standardisation was much needed.
Throughout the automotive value chain, packaging experts continuously
seek to improve packaging materials and processes throughout the life cycle of
a product, from conception to end of life and OEMs have worked together under
the auspices of Odette and SMMT to achieve a step change in the area of
Odette/AIAG recommendation Key Performance Indicators for Automotive Supply
Chain Management (LK03) insists that reports on the accuracy of deliveries and
alerts concerning deviations from the logistics agreement must be communicated
by the customer to the supplier immediately after each delivery or each
Key Performance Indicators (KPIs) are much more than just the numbers you report regularly. They are essential tools helping you to understand the performance of your business allowing you to take action and make critical adjustments to achieve your strategic objectives.