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

Altexsoft

Top inventory management KPIs We can’t describe all the inventory KPIs that exist out there, so we’ll focus on the most popular and actionable ones. We’ll also suggest a few tips on how to approach inventory-related business intelligence. Just like with ITR, there’s no one DSI value that all businesses have to strive for.

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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Below are some core features that might be beneficial for your business in the long run: Collaboration and Sharing to overcome Data Silos: Power BI offers real-time data sharing capabilities, a key feature that addresses the challenge of data silos. Here’s an in-depth look at three common types of supply chain dashboards: 1.

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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. It’s vital to understand what information can be useful and give a better understanding of business processes — not only to measure success, but also aid in making decisions.

Hotels 64
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Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

.); machine learning and deep learning models; and business intelligence tools. Bad data management be like, Source: Makeameme Data architects are sometimes confused with other roles inside the data science team. Let’s discuss and compare them to avoid misconceptions.

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

KPI monitoring and analytics. Performance metrics have to be consistently monitored to uncover your company’s problem areas and development opportunities. As we said, it’s crucial to monitor how your fleet operates to understand its weaknesses and development potential. Trip Cycle report in RMS.

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13 power tips for Microsoft Power BI

CIO

Power BI is Microsoft’s interactive data visualization and analytics tool for business intelligence (BI). Power BI reports can also be embedded in Word, PowerPoint, Outlook, and SharePoint and be shared via Teams. According to Microsoft, an organizations’ use of Power BI data nearly doubles when the app is pinned in Teams.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

The International Association for Contract and Commercial Management (IACCM) research showed that on average, companies lose around 9 percent of annual revenue due to poor contract management. It can also be an indicator of poor planning. This KPI also helps categorize your suppliers. Inventory-related KPIs.