Key performance indicators (KPIs) are business management metrics used to track, monitor and assess elements which are important for the success of the business. KPIs vary for each company and should be developed to…
3 Major Types of Manufacturing Costs Direct Materials Costs Cost of raw materials utilized in the production process is actually one of the most typical production costs businesses measure. You need to always try to deal with suppliers to obtain … Continued
Key Performance Indicators for Quality Assurance and Quality Management Examples and Templates KPIs for Quality Assurance Examples: Creating and delivering quality products to customers can be a tough job. Customers expect so much from us these days that … Continued
Key Performance Indicators for Warehousing and Distribution KPIs for Warehousing and Distribution: Properly managing products in your warehouse then distribute it to retailers or customers is critical. This can sometimes be a tedious and difficult process. Measuring the different processes … Continued
How to Define your KPIs to Make Better Business Decisions How to define your KPIs: As business managers measuring the efficiency of key operations and your different business performances can really be very important towards your success. Just … Continued
Financial Metrics Important for Making Marketing Decisions The main aim of every business venture is to make profit. In most cases the efforts made in making a business successful are creation of perfect products, sales generation and good customer relations. … Continued
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 … Continued
Measuring Process Performance: Overall Perspectives for Planning Process Metrics Tracking Process, production, manufacturing, logistics, supply chain and operations managers are focused on their specific process factors like cost, level of quality, versatility as well as speed.While the specifics will … Continued
