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VFR will help you to answer the following
how good are you filling the trucks?
Vehicle fill rate (VFR) is defined as the ratio of the actual capacity used to the total capacity available in terms of weight and volume
KPIs in scope
It is vehicle ridership = (average vehicle occupancy) / (vehicle capacity)
The term fill rate has come from inventory management system such as periodic review, contineous review, and min max. The term is basically mean how much units are expected to be filled verses how many units are being filled on the order. Expected fill rate verses Actual fill rate. (APICS). The following is the formula for fill rate
Fill Rate Q*(1-FR)/DR*SQRT(LT)DR= demand rate
LT= Lead Time
Percentage of customer or consumption orders satisfied from stock at hand. It is a measure of an inventory's ability to meet demand. Also called demand satisfaction rate.
VFR: Vehicle fill Rate
It is a measure of how efficiently the freight sector is transporting goods with its vehicles
mathematically,
Its ratio of the actual capacity used to the total capacity available in terms of weight and volume
VFR = Loaded Weight/ Total loading weight capacity
Example
if loaded weight isKg for period
And capacity is of1 ton- (Kg)
then VFR for the period = %