KPI of the Day – Logistics: $ Fuel cost
Definition
Measures the costs incurred with fuel consumption per trip.
KPI of the Day – Logistics: % Net asset recovery
Definition
Measures the percentage of the recovered value of products returned (product value extracted from returns minus losses in product value and operating costs), from the overall returned product value.
KPI of the Day – Retail: $ Sale value
Definition
Measures the average value of a customer bill per purchase within the store.
Employee recognition programs – yay or nay?
In today’s modern society, progressive companies, which continuously strive for competitive advantages, have implemented recognition programs with the purpose of positively influencing the behavior and performance of their employees.
KPI of the Day – Retail: $ Vendor fraud
Definition
Measures the value of fraud generated by vendors, from delivering the wrong amount of inventory on the shipping invoice, up to removing small amounts of inventory.
