In a new CAPS Survey about Inventory and Warehouse Management, respondents report the top 3 performance metrics are Inventory Accuracy rate tracked by 71% of companies, Inventory Turnover rate tracked by 67% and On-time and In-full Inbound Receipts tracked by 54%.

Read About: Just-In-Time Systems, Sourcing and Procurement Employee Turnover, Warehouse Management Performance, Rates Hikes, Emissions, AI Policy, Autonomous Rail

Across the manufacturing and service sectors the largest percentage of companies, 38%, use 45-day payment terms. Meanwhile 36% use 30-day terms, 1% use 75-day terms and 11% use 90-day terms.

Read About: Establishing a Supply Management Center of Excellence, Supply Management ROI, U.S., China Ease Trade Tensions, Trucking Challenges