Actual Open-to-buy retail inventory as a percentage of planned retail inventory
Measure Category:Process Efficiency
Total Sample Size:76 All Companies
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Units for this measure are percent.
Actual Open-to-buy inventory as a percentage of planned inventory
Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.