KPI of the Day – Retail: # Reorder point (ROP)
Definition
Measures the level of inventory at the point where a new order should be placed with suppliers, so as to bring the inventory up.
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Measures the level of inventory at the point where a new order should be placed with suppliers, so as to bring the inventory up.
Measures the percentage of requests resolved during the first contact with the customer, from overall customer requests.
Measures the length of time spent, on average, in-store by prospective customers (for the purpose of shopping).
Measures the change in the net asset value of an exchange-traded fund (ETF) or mutual fund.
Measures the sales revenue achieved on an hourly basis, as an average.