Capitulo 4 Flashcards
Net profit margin
Measures the proportion of each sales dollar that is kept as profit
The balanced scorecard (BSC)
Strategic planning and performance management system used extensively in industry, government, and nonprofit organizations.
The Strategic Profit Model (SPM)
Provides the framework for conducting ROA analysis by incorporating revenues and expenses to generate net profit margin, as well as an inclusion of assets to measure asset turnover
Financial ratios
Indicators used in finance to measure or quantify the economic and financial reality of a company or unit evaluated
Logistics Activity Measures
Performance measures are critical for effectively managing logistics activities
Transportation Measures
The major transportation measures focus on such things as labor, cost, equipment, energy, and transit time
Warehousing Measures
They identify design and operations options that provide benefits in terms of increased speed or reduced costs.
Balanced scorecard (BSC) four distinct perspectives
customers
internal business processes
learning and growth
financial results.