Employing key performance indicators (KPIs) in your overall inventory management process can assist in driving up your cash flow and profitability. By gaining valuable insights from your inventory performance metrics, you are able to make better and informed decisions. However, a more strategic approach to gaining business insights and quickly making improvements, is by combining a number of KPIs that measure the various components of your inventory management process. This gives you the control to focus on what matters for your business, your customers, and your bottom line.
Join us in this upcoming webinar to explore and discuss:
- Importance of categorizing your inventory
- KPIs that can be compared to industry standards
- Why it is important to use a combination of metrics rather than using only one metric
- Get a crash course on how to use Arkieva to monitor your business metrics and improve performance