KPI of the Day – Sales: % Sell-through ratio
Definition
Measures the ratio stated in percentages of units that are sold during a certain period, out of the total units stocked at the beginning of that period.
KPI of the Day: # Employees allocated to risk management activities
Definition
Measures the number of employees dealing with risk management activities.
KPI of the Day – Project Management: # Earned man-hours
Definition
Measures the total man-hours corresponding to the completed work in place.
KPI of the Day – Supply Chain: % Slow moving stock
Definition
Measures the percentage of stock that has not moved in the defined number of days, out of the overall stock. The defined number of days is less than the ones established for obsolete items.
Designing Efficient Individual Performance Management Systems
Employee performance evaluations are not a new concept and according to Ms. Jozwiak quoting a U.S. poll from Achievers (consulting firm), 98% of staff consider annual reviews unnecessary.
