KPI of the Day – Retail: % Sales order cancellation rate
Definition
Measures the ratio of sales orders that are canceled within a given time period.
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Measures the ratio of sales orders that are canceled within a given time period.
Measures the level of extra stock that is maintained below the cycle stock to buffer against stock-outs. Safety stock exists to counter uncertainties in supply and demand.
Measures stock kept at hand to meet seasonal fluctuations in demand, or shortfalls caused by erratic production.
Measures the number of new project issues that are identified and need to be addressed after the initiation of the project.
Measures the numeric value that describes a project’s overall cost-related performance.