Sales Index: Calculation and Formula

Sales Index: Calculation and Formula

The Sales Index is a crucial metric utilized by businesses to evaluate their sales performance over specific timeframes. It provides insights into trends, efficiencies, and overall market performance, enabling companies to make evidence-based decisions. Understanding the Sales Index is imperative for businesses seeking to enhance sales strategies, optimize operations, and drive revenue growth. Objectives of … Read more

Business Scorecard Examples and Templates

Business Scorecard Examples and Templates

Executive Business Scorecard This is an example of Executive Business Scorecard Dashboard designed, developed and managed for a global corporation. This business scorecard reports information from different business functions as well as critical departments, sites, and locations. This scorecard report can incorporate all critical business information on a single page. Compared to traditional reporting this … Read more

Sales Mix Analysis: Strategies and Tactics

Sales Mix Analysis: Strategies and Tactics

How to Do Sales Mix Analysis? The sales mix analysis is important because it can reveal important information about profitable products, not profitable products, products that are top performers, products that sell in very small quantities, products which are sold generally together, etc. The overall goal of this approach is for management to define the … Read more

Free Actual vs Target Chart in Excel: Download Free Template & Tutorial

Free Actual vs Target Chart in Excel: Download Free Template & Tutorial

Easily Compare Your Actual and Target KPI / Metrics Values Are you struggling to visualize the performance of your key performance indicators (KPIs) and metrics? Look no further! Our Effective Actual vs Target Chart Excel is designed to help you effortlessly compare your actual results against your target values. With this user-friendly tool, you can … Read more

Customer Retention

Customer Retention

Improving Customer Retention The specific time period is determined by the company’s specific business and average frequency of purchase by the customers. Retaining customers (reducing customer turnover) is critical for profitability and business success. Marketing and Sales Managers who develop Customer Retention approaches to improve the current retention rate are making very effective and profitable … Read more

Return on Sales (ROS): Definition, Formula and Reports

Return on Sales (ROS): Definition, Formula and Reports

Return on Sales Return on Sales (ROS) is an excellent key performance indicator (KPI) key to assess the business functional performance. ROS is additionally referred to as the company’s operating profit ratio. It can be determined employing this formula: Return on Sales = Net Income Before Taxes and Interest / Sales This kind of KPI … Read more

Customized Excel Applications

Customized Excel Applications

Developing Customized Business Solutions for Excel Users MR Dashboard develops customized excel applications, software, and templates for your business analysis and reporting needs. All our customized products are fully automated so you can perform business analysis and create business reports with a click of a button in Microsoft Excel. By using customized excel applications you … Read more

How to Automate Your Daily Tasks in Excel: A Comprehensive Guide

How to Automate Your Daily Tasks in Excel: A Comprehensive Guide

As a business manager or owner, you recognize the importance of optimizing daily operations to maintain a competitive edge. One highly effective tool for boosting productivity is Excel, particularly when you leverage its automation capabilities. By automating your daily tasks in Excel, you can simplify workflows, minimize manual errors, and allocate more time to focus … Read more