New Method Of Measuring Retail Business: KPI Index

Nowadays, many garment retailers have been developing rapidly for many years, and more and more brands have been represented. Business is large and business is running. Every department has dozens of pages of report every day, and piles of numbers are dazzling. At the same time, with the change of data statistics, the form of summary reports always changes, causing dealers to fall into a variety of complex data, so it is difficult to clarify the management idea.

KPI (KeyPerformanceIndication) is the key performance. index By setting, sampling, calculating and analyzing the key parameters of the input and output of the organization's internal process, it is a target quantitative management index to measure the performance of the process. It is a tool to decompose the strategic goal of the enterprise into a long-range target, and is the foundation of the enterprise performance management system.

Clothing enterprises establish KPI index The following principles should be followed:

1. target oriented and determine KPI indicators based on long-term goals of enterprises.

2., pay attention to operability, determine the technical operability of indicators, clarify the definition of each indicator, and establish a sound channel for information collection.

3. pay attention to the quality of work and set up KPI indicators to measure the quality of work.

The key points that should be grasped in establishing KPI indicators are:

1., think globally;

The 2.KPI index should be relatively fixed. If the key business has not changed, the KPI index should not be changed.

The 3.KPI index should be simple, clear, executable and easy to understand and accept.

4. standardizing the definition of KPI index and recommending the establishment of "KPI definition index table".