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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. These dashboards can be designed to display key performance indicators (KPIs), track metrics, and monitor supply chain network in real-time.

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Why Customer Success Is More Critical Than Ever At Cloud-Native Companies

Battery Ventures

Most technology companies selling products on a subscription basis—instead of through perpetual software licenses, which are hard to rip and replace—realize they need a robust customer-success function to keep users from churning away. Excludes ForeScout, SailPoint, Carbon Black, and Nutanix* due to lack of disclosed metrics.

Cloud 69
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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock Inventory management always involves deciding on further actions: Which items should you replenish? What are inventory KPIs? We’ll get back to this metric and break it down in more detail further on. In which quantity? What does it show?

KPI 52
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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.

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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. In other words, a certain number of metrics and KPIs has to be set up, monitored, and analyzed to be turned into valuable insights. But, easier said than done. Occupancy rate.

Hotels 64
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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. It is a hotel performance metric representing the average revenue earned for each room rented out in a hotel over a certain period. The metric includes all types of rooms and rates, whether discounted, group, or the best available ones.

KPI 52
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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accounts payable are most vulnerable to errors (whether deliberate or not) due to disconnected and inaccurate information, especially if you have to deal with a big amount of documentation and process multiple transactions. The market is constantly changing due to a myriad of factors. Contract management to review and audit agreements.