The CEO heard about your lunchtime discussion with the supervisors and managers when metrics were discussed. He would like you to help him prepare a PowerPoint presentation that he could use at the next board of directors meeting to link the day-to-day new metrics you suggested using to the bigger picture metrics that CEO's, CFO's and Board members would better relate to.
Describe the linkage between the following pairs of metrics (Note: In each pair, the first metric is the kind of measurement the supervisors and managers would monitor and be evaluated on, and the second is the bigger picture metric the CEO, CFO, and board of directors may monitor.):
Dollar amount of WIP inventory: Return On Assets (ROA)
Order lead time to customers: Cash flow requirements or cash conversion cycle
Cycle time: Return On Assets (ROA)
Changeover time: Inventory turn
Inventory turn: Profit
For each pair, describe how a meaningful change in the first metric will impact the second metric.
Solution Preview
Your tutorial is in PowerPoint, attached. The instruction is embedded in the ...
Solution Summary
Your tutorial is in PowerPoint, attached (five slides). The instruction is embedded in the speaker notes at the bottom of each slides. The slides contain diagrams and clip art that are simple yet stylist in a way that doesn't upstage the presentation and keeps a professional but not boring tone that is realistic for the audience (board of directors).
... see p. 3). 3. Monitor and Analyze (eg, facilitates constant monitoring of performance results versus benchmark metrics; provides a ... HAVE A GREAT DAY! ...
... example, the supplier shipped 100,000 quantities correctly vs. ... Manufacturing supervisors - There are six metrics or Key ... count of items produced for the day. ...
... process has changed (by implementing metric driven management ... this type of day-to-day decision making ... gives a general overview of traditional vs activity-based ...
... could be number of visits each day to the ... and websidestory (www.websidestory.com) to research on web metrics. ... allowed to place their own ads, versus having to ...
... of company from advices to day-to-day management related ... Therefore, the formulation of metrics is important because it would justify ... OUTSOURCING - 4PL VS 3PL. ...
... that the helpdesk be staffed all hours of every day. ... started on your own Specification and Metrics Paper (for ... Compare and contrast the risks of outsourcing vs. ...
... Provide a general discussion of the metrics in the financial ... projects, with an average of over 100 days of inventory on hand versus Raytheon's 87 ...
... a lengthy review of the budget versus actual expenditures ... an inequality does not lead to metrics that can ... strategic decisions and external reporting, day to day...
... We will track plan-vs.-actual results for each ... and precisely manage the associated metrics and creative ... These days the demand for utilizing of information ...
