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%.
CAPS News - 20 September 2023
Read About: Just-In-Time Systems, Sourcing and Procurement Employee Turnover, Warehouse Management Performance, Rates Hikes, Emissions, AI Policy, Autonomous Rail
Standard Payment Terms
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.