Download this white paper to learn how your business can create a solid foundation with the right KPIs.
By MMH Staff ·
March 24, 2021
In today’s climate, managing the business around a few key performance indicators is make or break. With that in mind, we’ve collected a set of key performance indicators (KPIs) that every product company should be monitoring consistently.
Collecting good, timely data with careful analysis to guide proper business decisions is critical to thriving in business today. Starting with this set of KPIs will form a solid foundation to accurately track these metrics and make informed business decisions.
This white paper provides a set of 17 KPI formulas that every product company should be monitoring consistently, such as:
- Inventory Turnover Ratio to indicate the health of your organization.
- Picking Accuracy, which is critical to understand frequency and causality.
- Average Order Value to arm your sales team with data on customer trends.
- Net Promoter Score so you can analyze your customer satisfaction.
NetSuite News & Resources
Future-proofing with warehouse management systems (WMS)
The CFO’s Guide to Planning and Analysis
The 7 Habits of Highly Effective CFOs
The 80/20 CFO
The CFO’s Guide to Recurring Revenue
Overstocks, Stockouts and Backorders, Oh My!
Make or Break Business KPI Metrics
More NetSuite
Latest in Materials Handling
RoboGeorgia launches to make Georgia a leading robotics and automation hub
Vehicle-mounted computers: Beyond rugged
New packaging idea for the cold chain
Autonomous mobile robots (AMRs) offer modern solution to challenges of traditional farming
Hyster-Yale Group provides students with real-world AI experience in 2024 Kellogg Design Challenge
KION Group’s board extends CEO Rob Smith’s contract by five years
UniCarriers Forklift joins Quality Equipment in opening celebration of new location
More Materials Handling