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Retail
Retailing consists of the sale of goods or merchandise, and includes two basic forms of retailers: wholesale and specialty. Wholesale retailers, also known as ""big box"" retailers or department stores sell a wide variety of items at discounted prices, while specialty retailers offer a limited scope of products in order to serve a smaller market more effectively. KPIs focus on measuring the volume of sales, turnover and efficiency.
Key Performance Indicator examples
Select your Key Performance Indicators (KPIs) from the Performance Measures listed below:
% Sales growth in stores open at least 12 months
Measures sales performance of existing stores rather than from newly opened ones.
(0/5)
% Same store sales growth
Measure the productivity in sales of an establishes/preexisting store compared to the previous year.
(0/5)
# Working stock
Measures the amount of stock available (or planned to be available) for the normal demand, excluding excess stock and safety stock. It is formed by products that are arriving infrequently and in large quantities, to meet frequent but small-quantity demands.
(0/5)
# Anticipation stock
Measures the stock kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production.
(0/5)
# Reorder point (ROP)
Measures the level of inventory when a new order should be placed with suppliers to bring the inventory up.
(0/5)
# Safety stock
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.
(0/5)
# Stock rotation
Measures the number of stock changes/rotations during a designated period of time, as one of the most important rules in inventory is to sell or use the oldest inventory first.
(0/5)
% Sales order cancellation rate
Measures the rate at which sales orders are canceled within a given time period.
(0/5)
$ Stock value
Measures the value of the existing stock at the end of the month.
(0/5)
$ Selling hour value
Measures the total revenue generated by the transactions within an hour's time.
(0/5)
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