Actual Open-to-buy retail inventory as a percentage of planned retail inventory
This measure calculates actual Open-to-buy inventory as a percentage of planned inventory. This Process Efficiency measure is intended to help companies minimize waste and refine resource consumption related to the process "Survey market and determine customer needs and wants".
Benchmark Data
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Learn about MembershipMeasure Category:
Process Efficiency
Measure ID:
106127
Total Sample Size:
76 All Companies
Performers:
25th
- Median
- 75th
-
- Median
- 75th
-
Key Performance
Indicator:
No
Indicator:
Compute this Measure
Units for this measure are percent.
Actual Open-to-buy inventory as a percentage of planned inventory
Key Terms
Process efficiency
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.