KPI of the Day – Project Management: # Earned man-hours
Definition
Measures the total man-hours corresponding to the completed work in place.
KPI of the Day – Supply Chain: % Slow moving stock
Definition
Measures the percentage of stock that has not moved in the defined number of days, out of the overall stock. The defined number of days is less than the ones established for obsolete items.
Designing Efficient Individual Performance Management Systems
Employee performance evaluations are not a new concept and according to Ms. Jozwiak quoting a U.S. poll from Achievers (consulting firm), 98% of staff consider annual reviews unnecessary.
KPI of the Day – Sales: # Inventory to sales ratio (ISR)
Definition
Measures the ratio between the retailer’s inventory value and the sales revenue.
KPI of the Day – Logistics Performance: % On-time delivery
Definition
Measures the percentage of items or products that are delivered on time to customers.
