Introduction to Inventory Turnover Ratio Understanding your company’s inventory turnover ratio is crucial for warehouse managers, supply chain leaders, and accountants. This ratio indicates how many times your inventory has been sold and replaced during a specific period, typically a year. A higher ratio suggests better inventory management and sales efficiency. Why Is Inventory Turnover … Read more
Understanding Financial Metrics for Marketing Decisions In the business world, the ultimate goal is profitability. Regardless of how well you execute your strategies in creating excellent products, generating sales, and cultivating strong customer relationships, a comprehensive understanding of key financial metrics is crucial. These metrics serve as indicators of your business’s performance and health. Consider … Read more
Important Financial Metrics for Project Managers The main objective of any organization is to continue to improve profit margin. Continuous improvement process (CIP) also known as continuous improvement (CI) involves the process of product and service improvement. To determine whether there are improvements and tracking these improvements requires standard of measures called metrics. Financial metrics … Read more
What is Market Value Added (MVA)? Market Value Added (MVA) measures the difference between a company’s total market value and the capital that investors have contributed. It tells you whether the firm is creating or destroying value for shareholders. MVA Formula and Quick Calculation MVA = Market Value – Capital Value Market Value: The current … Read more