Posts

Showing posts from October, 2023

Power BI in Logistics: Applications and Benefits

-
Image
Power BI is increasingly recognized as a transformative tool in the logistics sector, enabling organizations to turn vast amounts of operational data into actionable insights for better decision-making and efficiency. Key Applications of Power BI in Logistics - Real-Time KPI Monitoring : Power BI allows logistics teams to track key performance indicators (KPIs) such as delivery times, transportation costs, inventory levels, and order accuracy in real time. This visibility enables quick responses to supply chain disruptions and performance issues[1][4][5]. - Inventory Management: With real-time dashboards, companies can monitor stock levels, turnover rates, and demand forecasts, helping to optimize inventory, reduce carrying costs, and prevent stockouts or overstocking[2][3][5][6]. BI example for YTD analysis - Supplier and Fleet Performance: Power BI helps analyze supplier reliability, delivery punctuality, and compliance rates. It also enables fleet tracking and performance ...
Post a Comment
Read more

On-Shelf Availability

-
Image
 OSA in retail stands for "On-Shelf Availability." It is a critical metric that retailers use to measure the availability of products on their store shelves for customers to purchase. Maintaining good OSA is essential for a successful retail operation because it directly impacts sales, customer satisfaction, and overall profitability. Here are some key points to understand about OSA in retail: Definition: On-Shelf Availability refers to the percentage of time a product is in stock and available for purchase on the store shelves. It's a measure of how well a retailer can keep products available to meet customer demand. Importance: Maintaining high OSA is crucial because it directly affects sales and customer satisfaction. When products are frequently out of stock, customers may turn to competitors, leading to lost sales and potentially damaging the retailer's reputation. Calculating On-Shelf Availability (OSA): in retail involves a combination of inventory management,...
Post a Comment
Read more