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Industry Organizations Eye Standards for Measuring Order Execution

Posted on Friday, October 03, 2008 10:19:20 AM                                  Digg This Article   Add to Delicious

Abstract:Associations release joint paper in support of initiative to create common performance metrics that apply to plants and warehouses alike.
Keywords:plant performance, order execution, order fulfillment

In support of an initiative to create holistic metrics for gauging execution in both production plants and inbound/outbound warehouses, four industry associations presented a paper titled “Improving Order Execution Performance: A Holistic View of Metrics Across Plant & Warehouse” at MESA’s recent Plant-to-Enterprise Conference in Orlando.

The associations — Manufacturing Enterprise Solutions Association (MESA) International, the Order Fulfillment Council (OFC) and the Supply Chain Execution Systems & Technologies Group (SCE Group) within the Material Handling Industry of America (MHIA), and the Warehousing Education and Research Council (WERC) — collaborated to create common definitions and calculations for dozens of performance metrics that apply in both plants and warehouses.

The paper introduces the framework within which the organizations will perform benchmarking. The framework categorizes metrics in the following major performance areas:

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