KPI of the Day – Logistics: % Recovery yield rate of returned products
Definition
Measures the percentage of product returns that were valued again, from overall returned products.
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Measures the percentage of product returns that were valued again, from overall returned products.
After the financial crisis that began in 2008, banks have been taking steps to improve their performance management and measurement capabilities in light of new economic and market conditions and new management needs.
Measures the percentage of perfect orders delivered, from the total number of orders. The criteria for perfect orders can be set by each company.
Time is the most important resource that companies and individuals have. Once lost, it cannot be recovered, nor can it be substituted by other means. Having to work under strict deadlines, with not enough time to complete all the tasks, or having difficulties in finding the right balance between personal and professional life are two common problems that individuals are struggling with today.
Key Performance Indicators (KPIs) are an important tool for businesses, enabling organizations to measure their results and to compare them against pre-set goals. If well designed and implemented, KPIs