This measure determines the annualized rate of logistics employee departures as a percentage of total production workforce. A high turnover rate often indicates that employees are unhappy with working conditions or compensation. This measure is part of a set of Process Efficiency measures that help companies optimize the performance of their "manage logistics and warehousing" process by minimizing waste and refining resource consumption.
Turnover rate for logistics personnel
Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.