So much of your customers’ experience with your business is impacted by your logistics. Here’s how to optimize your logistics strategy to ensure the right products get to the right customers at the right time – all whilst saving your business money. What does logistics mean? Logistics refers...
Communicate the KPIs: Employees need to understand and be onboard with the organization's KPIs, so a critical step is sharing them, explaining why the goals are important and how they will be achieved. A company's employees may raise valuable questions and concerns that need to be addressed ...
Data is useful only if companies can analyze and understand it; an ERP helps with that. Leading solutions have impressive reporting and analytics tools that allow users to track KPIs and display any metrics or comparisons they can dream up. Since an ERP is all-encompassing, it can help a bu...
This is where your key performance indicators (KPIs) come into play. However, it’s not just about having your marketing team look at every piece of data from Google Analytics and other platforms – that’s like throwing spaghetti at the wall. It’s important to understand which metrics you...
Discover what logistics is & what it means for businesses. Learn more about the various types & processes with examples.
If a product metric suggests that a feature needs to be updated or added, you will need to first confirm that your theory is correct. Speak with your customers and ask them for their thoughts on your plans. Are they having the problems you think they are with your product? Will they use...
What is social media engagement? What are KPIs, metrics, and SLAs? What is 'escalation of commitment'? What is meant by risk bearing economies of scale? Define contribution margin. What is its economic meaning? What is employee engagement?
This phase should involve feedback loops where insights gained from monitoring KPIs, or metrics, are used to refine further and optimize the process. It’s a commitment to ongoing improvement and excellence. Each step is crucial for a successful BPR implementation, significantly improving organizationa...
Want to grow your company? Learn what a KPI is, how to identify the right KPI metrics to track performance, and how to measure KPIs to meet your goals.
Today’s maintenance managers rely on CMMS systems to level up their maintenance programs, streamline processes, and improve tracking and analysis ofmaintenance KPIs. A CMMS can also enable accurate documentation for maintenance activities, which is vital for heavily regulated industries subject to audits...