The saying “When China sneezes, the world catches a cold” sums up the global economy’s dependence on China. Bearing in ...
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Degree of Readiness to Deliver
What is the Degree of Readiness to Deliver?
The degree of readiness to deliver, also known as delivery service degree, provides information about the readiness to deliver and thus the stocking policy of a company. To calculate the delivery service level, all deliveries made immediately are added together - for example, all spare parts that a car manufacturer has delivered to the customer within 6, 12, 24 or 48 hours. The immediately executed deliveries are then compared to the total number of deliveries in each period. The goal should be a delivery readiness level of 99 percent.
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