Like for Like (LFL) retail sales growth
Benchmark Data
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Learn about MembershipMeasure Category:
Process Efficiency
Measure Id:
106120
Total Sample Size:
64 All Companies
Performers:
25th
– Median
– 75th
–
– Median
– 75th
–
Key Performance
Indicator:
Yes
Indicator:
Compute this Measure
Units for this measure are percent.
Like for Like (LFL) retail sales growth (SKUs)
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.
Median
The metric value which represents the 50th percentile of a peer group. This could also be communicated as the metric value where half of the peer group sample shows lower performance than the expressed metric value or half of the peer group sample shows higher performance than the expressed metric value.