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A Beginner’s Guide To Inventory Metrics And Best Practices

datapine

At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value. We will finish by presenting a business dashboard that will show how those metrics work together when depicting an inventory data-story. What Are Inventory Metrics?

Metrics 286
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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

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A Complete Guide On How To Set Smart KPI Targets And Goals

datapine

As we mention in our guide on KPIs vs metrics , not everything that can be measured needs to be measured, therefore, there are some steps you need to follow in order to avoid distracting your analysis with too many KPIs. The SUM is a metric that tracks the percentage of spending that is actively managed by the procurement manager.

KPI 152
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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. This insightful report displays relevant metrics such as the top-performing agents, net promoter score, and first contact resolution rate, among others.

Reporting 201
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Be Real-World Smart: A Beginner's Advanced Google Analytics Guide

Occam's Razor

Along the way I'll share some of my favourite metrics and analytics best practices that should accelerate your path to becoming a true Analysis Ninja. At this point you'll be a little confused about some metric or the other. Go, read one of the best pages in the Analytics help center: Understanding Dimensions and Metrics.

Analytics 109
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The Royal Mint’s diversification means all change for IT and security

CIO Business Intelligence

More recently, The Royal Mint has evolved its business model in the face of declining cash usage, from its core business of coins and metal manufacturing through to bullion trading, a new consumer business and jewellery line, as well as tentative steps into digital gold and recycling e-waste.

IT 52