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Lost Shipments %

Purpose -

Tracks logistics security and accuracy in shipment tracking to reduce losses.

Operational Definition -

(Number of Lost Shipments / Total Shipments) * 100

Type of Metrics -

KPI

Function -

Transportation & Logistics

Associate Function -

Transportation & Logistics

Desired Trend -

Lower the better

Recommended Frequency - 

Weekly/Monthly

External References -

https://www.ontruck.com/en/blog/transportation-kpi

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