Key Risk Indicators (KRI) for Car Sales Indicators
KRI (Key Risk Indicators) allows BI professionals from the Car area
measure and control business risks.
KRI for Car business niche
The KRI for Car Sales Indicators may address such indicators as:
- financial perspective
- profit margins earned by car sales outlets
- % drop in operating costs
- % increase in sales
- % increase in earnings from tie-ups and co branding opportunities
- internal operations perspective
- number of financial tie-ups
- hold back margins received from manufacturers
- level of transaction transparency
- % increase in maintenance agreements
- customer focus perspective
- % reduction in the number of customer complaints
- response level
- customer oriented product schemes developed
- quality level of aftermarket accessories offered
- employee performance and training perspective
- target meeting fraction
- conversion rate
- number of instances of striking more than average price
- number of training programs conducted
Why BI and risk specialists from the Car should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Car business Estimation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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