KPI of the Day – Retail: # Stock rotations
Definition
Measures the number of stock rotations or changes during a specified period of time, as one of the most important rules in inventory is to sell or use the oldest inventory first.
Posts Tagged ‘Retail performance’
KPI of the Day – Retail: # Reorder point (ROP)
Definition
Measures the level of inventory at the point where a new order should be placed with suppliers, so as to bring the inventory up.
KPI of the Day – Retail: # Time spent in the store
Definition
Measures the length of time spent, on average, in-store by prospective customers (for the purpose of shopping).
KPI of the Day – Retail: $ Sales revenue per hour
Definition
Measures the sales revenue achieved on an hourly basis, as an average.
KPI of the Day – Retail: % Sales by product category
Definition
Measures the percentage of sales generated by a product category from overall gross sales.
