What is the order cycle time and how can you improve logistics performance?
Order cycle time (OCT) is a key metric to measure the efficiency and effectiveness of your logistics processes. It refers to the total time it takes from the moment a customer places an order to the moment they receive the product or service. By reducing OCT, you can improve customer satisfaction, inventory management, and operational costs. In this article, we will explain how to calculate OCT, why it is important, and how to improve it with some practical tips.