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Power BI Executive Dashboard: Actionable Insights for Leaders

Sunflower Lab

Customer Retention Rates: Customer retention rates indicate the percentage of customers that continue to do business with a company over a specific period. Net Promoter Score (NPS): Net Promoter Score measures customer loyalty and satisfaction based on the likelihood of customers recommending a company to others.

Metrics 52
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. In any case, you will know better what to focus your marketing efforts on to get that desired “No vacancy!” Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit. Why use it? Why use it?

Hotels 64
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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Tracking these KPIs gives inventory managers better visibility of the supply chain and an understanding of the market in general. Analyzing inventory KPIs and their dynamics helps decision-makers optimize stock-related processes, reduce costs, and ultimately improve the business’s bottom line. So let’s dive in.

KPI 52
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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

Cross, the author of the book Revenue Management: Hard-Core Tactics for Market Domination defines revenue management as “the art and science of predicting real-time customer demand at the micromarket level and optimizing the price and availability of product.”. What is hotel revenue management? Demand forecasting. Yield management.

Hotels 66
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Logistics Management Systems: How Warehouse, Transportation, and Distribution Software Work

Altexsoft

An integrated OMS is connected to your CRM and inventory database to complement the sales funnel and provide information for accounting and marketing departments. Applying Business Intelligence, the software can develop performance metrics and KPIs, and create computer models to predict supply chain issues.

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How to Successfully Implement HR Analytics and People Analytics in a Company

Altexsoft

Amid an intense war for top talent, companies must differentiate themselves in a global marketplace to be able to attract and retain people that deliver the most value: “ As the market for high?performing If you already use custom KPIs or you want to introduce some, document them in addition to standard HR metrics. Net promoter score.