KPIs

Understanding KPIs part 2

Understanding Key Performance Indicators – part 2

In a previous post, Supply Chain Consultant with Balloon One, Edward Napier-Fenning looked at the hierarchy of KPIs. Now that this is understood, in this post, he looks at identifying a company’s KPIs and introducing appropriate targets surrounding them in a process of five steps. Step 1 – Define your key goals and objectives It […]

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Understanding KPIs part 1

Understanding Key Performance Indicators – part 1

Visibility of the correct key performance indicators (KPIs) can make or break a business. KPIs not only allow the day to day monitoring of performance, but also permit the identification of areas for improvement and give an insight into the overall profitability of the business. Those companies that fail to monitor the correct indicators will

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