With the introduction of lean production and logistics all through recent years, we identified that the number of logistics approach variants has increased substantially from the previously dominating concepts of full truck load (FTL) and location forwarding (AF). For instance, cross-docking processes have been introduced, as the inbound logistics’ reaction to decreased lot sizes and rising delivery frequencies, to allow efficient transportation processes. Milk-run processes are also superior in fulfilment of the cost—delivery frequency trade-off.
The following part summarises our findings from a structured literature evaluation on PMS in an automotive logistics context. We focus on the style of PMS and specific PMS frameworks proposed in a logistics context. As lean production systems have dominated in the automotive industry since the introduction of the Toyota Production System 14 , we have also incorporated lean manufacturing and lean logistics-associated PMS.
Automotive Market Consumer Servicefinancial kpi automotive industry
kpi automotive industryFor instance, in the automotive sector, shoppers often use the Internet to research vehicles, browse dealership inventories and get much more information prior to creating a buy. Responding to these challenges extends logistics processes’ scope beyond the formerly known tasks 1 Space limitations at the assembly line lead to the choosing and sequencing of components, a core logistics activity nowadays. With an elevated focus on the trade-off between stock reduction and greater delivery frequencies, the number of parts delivered by just-in-sequence processes is also rising. At all times, on-time parts availability at the assembly line is crucial to ensure high manufacturing capacity utilisation.
EBITDA or Earnings before interest, tax, depreciation and amortization refers to a measure of calculating the functioning efficiency of an sector. This is also 1 of the critical KPIs to gauge for an automotive market. This metric measures the level of satisfaction of automotive buyers. Customer satisfaction surveys incorporate …Read more