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apply thinking | thinking about ways to improve business performance

thinking about ways to improve business performance

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apply thinking | thinking about ways to improve business performance | applythinking.wordpress.com Reviews

https://applythinking.wordpress.com

thinking about ways to improve business performance

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1

Retail Store Performance – Managing Space | apply thinking

https://applythinking.wordpress.com/2012/03/02/retail-store-performance-managing-space

Thinking about ways to improve business performance. Retail Store Performance – Managing Space. March 2, 2012. Talked about two critical metrics Inventory Turns and Gross Margin Return on Inventory Investment. Using these two KPI, the problem areas in Retail assortment can be identified. This analysis can be further used to drive performance improvement. Avg cost of Inventory. Given the above matrix, product 3 should be prioritized first followed by product 5. The higher the GMROS for a product in a ...

2

September | 2012 | apply thinking

https://applythinking.wordpress.com/2012/09

Thinking about ways to improve business performance. Monthly Archives: September 2012. Seven tests for a good Key Performance Indicator (KPI). September 24, 2012. Will this KPI allow you to know if the target is accomplished? Using this KPI, is it possible for you to know whether you are on track and making progress? There are two aspects to this validation. 1) Is the KPI a good enough reflection of the progress we are making? 2) Is the KPI tracked frequently to measure progress? If the KPI is not import...

3

June | 2012 | apply thinking

https://applythinking.wordpress.com/2012/06

Thinking about ways to improve business performance. Monthly Archives: June 2012. How would you analyze large data sets? June 12, 2012. Analysis of large data sets is always presents interesting challenges. Using charts and graphs makes such analysis easy. It becomes a challenge however, if a large number of objects need comparison. Look at the following data. The easiest option is to plot all of these together. The cleaned up output looks something as shown below:. By selecting the required countries an...

4

How would you analyze large data sets? | apply thinking

https://applythinking.wordpress.com/2012/06/12/how-would-you-analyze-large-data-sets

Thinking about ways to improve business performance. How would you analyze large data sets? June 12, 2012. Analysis of large data sets is always presents interesting challenges. Using charts and graphs makes such analysis easy. It becomes a challenge however, if a large number of objects need comparison. Look at the following data. The easiest option is to plot all of these together. The cleaned up output looks something as shown below:. By selecting the required countries and dimming out all others, it ...

5

Basics of managing Retail Business Performance | apply thinking

https://applythinking.wordpress.com/2012/03/01/basics-of-managing-retail-business-performance-12

Thinking about ways to improve business performance. Basics of managing Retail Business Performance. March 1, 2012. Retailers must use two metrics to understand their performance:. 2) Gross Margin Returns on Inventory Investment (hereafter GMROI). Inventory turnover answers the fundamental question how many times in a year am I able to turn my inventory into cash. Inventory Turnover links the average inventory and sales. How to use GMROI and Inventory Turnover? Now, if we give importance only to Annual S...

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apply thinking | thinking about ways to improve business performance

Thinking about ways to improve business performance. The anatomy of a performance review: Part 1. October 3, 2012. This entry is one among many quick write ups discussing various aspects of a performance review. The focus of this entry is to broadly describe some of the key terms that are used in a performance review. Often I come across individuals who have a very vague understanding of these terms. Confusion prevails and nothing much is gained from the review. Key Objectives or priorities. The idea is ...

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