KPI of the Day – Retail: # Safety stock
Definition
Measures the level of extra stock that is maintained below the cycle stock to buffer against stock-outs. Safety stock exists to counter uncertainties in supply and demand.
KPI of the Day – Retail: # Anticipation stock
Definition
Measures stock kept at hand to meet seasonal fluctuations in demand, or shortfalls caused by erratic production.
The Sunnybrook Health Sciences Centre Balanced Scorecard
Healthcare has always been an important topic of discussion in any society, as the level of care often reflects the level of well-being within that society.
KPI of the Day – Project Management: # Project issues identified
Definition
Measures the number of new project issues that are identified and need to be addressed after the initiation of the project.
KPI of the Day – Project Management: # Cost performance index (CPI)
Definition
Measures the numeric value that describes a project’s overall cost-related performance.
