Inventory Holding Costs , storage, insurance, risk of damage or obsolescence, Warehousing Costs, rent, utilities, labor, equipment, Transportation Efficiency , cost per delivery or per kilometer, Warehouse Efficiency , speed of picking, packing, and shipping, Inventory Turnover , how often inventory is sold and replaced, Financial Control of Logistics Performance, It is the process of monitoring, analyzing, and managing logistics costs to ensure operations stay within budget and are cost-efficient.It is the process of monitoring, analyzing, and managing logistics costs to ensure operations stay within budget and are cost-efficient, On-Time Delivery Rate , percentage of orders delivered on schedule, Handling materials, Key areas of safety in logistics, Customer Satisfaction, Feedback and service quality, Transportation Costs, fuel, vehicle maintenance, driver wages, Multimodal Transportation, Combined transport modes (e.g., rail + shipping) for efficiency, Order Accuracy , correct items delivered without errors, Smart Logistics, Using IoT and digital tools to monitor and reduce energy consumption., Order Processing Costs , system costs, labor, packaging, Benchmarking, the process of comparing your logistics performance metrics, processes, and costs against industry leaders or best practices, Cargo security, Key areas of security in logistics, Energy-Efficient Warehousing, Using renewable energy (e.g., solar panels), optimized lighting & temperature control, Service, Customer satisfaction, response time.
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