Overview
Are aiming to increase your organization selling opportunities and Market share?
Are you aiming to increase your growth and profitability?
Fill Rate is another efficiency key performance measure you can establish and track to optimize your supply chain operations. Fill Rate is a measure the service and availability level between two parties. It is the portion of the Customer demand that could be serviced through product availability without having lost sales or backorders.
➤ Fill Rate is calculated by averaging the correctly fulfilled orders relative to the total number of customer orders received.
➤ Measuring and monitoring Fill Rate will allow your company to Improve your inventory and supply processes and directly affect your customer satisfaction.
Xnallent competent team of consultants will guide you in establishing; Fill rate Key performance Measure and the effective performance management system (measuring, tracking and improving), measure your current Fill rate and set your fill Rate goal. This will be integrated with using the DMAIC methodology.
Why Useful?
✔ Leadership Team: An efficient Measure for effective Decision Making
✔ Sales: A Measure for the performance of Sales team and sales results
✔ Process: A Measure for Performance of Inventory and Supply.
✔ Customer: Ensure customer satisfaction of order fulfillment by Improving Fill rate measure.
✔ Shareholders: Increase Market Share and thus organization profitability.
Our Methodology :
Define - Fill rate measure, KPI management system, Current fill rate value, Fill rate goal
Measure - Process Flow and in process measure for fill rate
Analyse - Bottelnecks - external & Internal factors decreasing fill rate.
Improve - Build the effective strategies to increase fullfilled orders.
Control - Standardize process that achieved desired Fill Rate.
For more Details Please Contact us