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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Often, data can be altered by various team members, leading to discrepancies and disruptions in information flow to stakeholders. Integration with Other Microsoft Products : Power BI seamlessly integrates with other Microsoft products and services, such as Excel, SharePoint, and Teams.

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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

Altexsoft

We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Unlike the other metrics, ADR focuses solely on revenue from actual room sales, making it a vital KPI of a hotel’s pricing strategy effectiveness. However, like any other technique, it comes with its own strengths and weaknesses.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? For instance, an airline can secure itself from bad sales during a low-demand season or before an upcoming departure day by putting tickets on sale. KPI-driven pricing.

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

Altexsoft

It can also be measured in weeks instead of days (the KPI will be referred to as weeks-on-hand and have 52 instead of 365 in the formula) or be calculated for any period other than a year (change 365 to the period duration in days in the formula). Important to understand. The optimal range varies greatly across industries. How to approach it?

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How to Run Product Discovery: Process, Frameworks, and Best Practices

Altexsoft

Besides, it had weak hardware, no Google services, and $199 price. The phone wasn’t looking or working bad. So, product development can be divided into two phases: discovery and delivery. Basically it’s an initial stage of product development, where we state a problem and a target audience that needs a solution.

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

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. But, easier said than done. In further calculations we will use 0.5

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Product Life Cycle: How to Extend Your Product Market Presence

Altexsoft

After the development stage itself, which always comes with great efforts for a programming team and a thoughtful product manager, every product starts its own life in a market environment. Stage 0: Development. For a software product, entering the market is usually preceded by the development stage. Product life cycle.