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Sales KPIs

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  SALES KPI TO ACHIEVE BUSSINESS GOALS     TO BOOST SALE   ·           Year-over-year sales YoY Sale) ·           Conversion rate (CR) ·           Average order value (AOV) ·           Basket size     TO STRENGTHEN CUSTOMER EXPERIENCE   ·           conversion rate (CR) ·           average order value (AOV) ·           basket size ·           customer retention rate (CRR)     TO Reduce stock-outs   ·           Inventory turnover (ITR) ·           Sell-through rate (STR) ·           Shrinkage     TO Optimize profits   ·           Cost of goods sold (COGS) ·           Gross profit (GP) ·           Net profit (NP) ·           RETURN ON SALE (RoS) ·           Gross margins return on investment (GMROI)     A FEW SALES KPI EXPLAINED IN SHORT   COGS   Measuring your COGS is essential to achieving  profitability . If you know how much you spent to acquire or produce your products, you can set prices that are  competitive , but that also offset your expenses.   average order valu

Data Analyst Vs Business Analyst Vs Data Engineer Vs BI Specialist

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  Data Science - Complete Track • Step 1 - Identify the business problem/value addition/question – ( Data Insights ) this has to be the starting point. • Step 2 - Data availability ( Data Governance ) - Have the structure of your data set defined – The real challenge starts here-                o Do we have the data?                o Do we have access to the required data? • Step 3 -Getting Data ( Data Mining / Data Pipeline ) – How to collect the data from different sources in the system • Step 4 - Data preparation (ETL / ELT) – Once you have data there will be lot of cleaning and preparation required, reduce/increase/combine/split the predictors, determine and eliminate outliers, populate missing values convert few categorical variables into numerical etc. • Step 5 –Exploratory Data Analysis (EDA) – In this step we do descriptive and diagnostic analysis of the existing data. We build multiple graphs that give us direction towards the next steps of predictive analytics. We migh