Build Excellent Daily FnB Operations With These 3 Metrics

March 12, 2021

The success of your company relies on its day-to-day operations.

Consider measuring these metrics in your business operations to assess where your business is strong and the factors you can change for the better. Leverage the data to enhance your company's operational excellence.

Consider measuring financial, marketing, and employee metrics in your business operations to assess where your business is strong and the factors you can change for the better.

Financial Metrics

By evaluating financial metrics, you can track, measure, and analyze your company's financial health. Financial metrics are beneficial for both internal and external stakeholders' to calculate your company growth.

There are endless lists of financial metrics you can measure, but you can focus on assessing your costs, revenue, profit, and debt-asset ratio.

Marketing Metrics

How do you identify high-performing campaigns? How much return are they giving to your company? How do you improve them?

The answer is marketing metrics.

Marketing metrics provide you with specific numbers to enhance the efficiency of your marketing campaigns. This metric includes customer acquisition cost, time to payback, and marketing originated customer percentage.

Employee Metrics

Employees are human; they provide both tangible and intangible benefits for the company.

The best way to measure employees' performance is to have your employee prepare their goals in ways that can be measured and assess if these goals are met. Don't forget to gather insights from managers and other team members that work closely with the employee.

Primary employee metric includes employee efficiency, quality of work, and adherence to company values.

Summary

Having the right metrics in place makes your decision making provide a powerful competitive advantage.  Gather and evaluate operations data consistently & identify issues and opportunities in different areas with Nimbly for leaner and more strategic operations. 

CTA: Reduce your inspections' direct costs up to 59%. Use Nimbly. www.hellonimbly.com

About Nimbly

Nimbly transforms manual operational audit processes into app-based checklists for front-line workers to generate reports instantly, centralize insights in real-time, and ensure thorough issue resolution.

Nimbly features that will help operations manager: digital questionnaire, issue tracker, and real-time dashboard. www.hellonimbly.com

About Nimbly

Nimbly transforms manual operations audit processes into app-based checklists for front-line workers to generate reports instantly, centralize insights in real-time, and ensure thorough issue resolution.

Table of Contents

Read this article in your native language!

Related Articles

May 28, 2021
Tips for Managing Food and Beverage Businesses in Multiple Locations
If you are planning to expand your F&B business to many more locations, or even to various regions, of course, you need to prepare yourself to encounter operational challenges. Check out the challenges and tips for dealing with them below.
May 6, 2021
5 Smart Food Safety Tips to Buy Local Ingredients for Your Business
Here are five smart tips you can apply to ensure safety when buying ingredients from a local market for your business.
March 4, 2020
Desain Audit Operasional FnB dengan Langkah Ini
Membangun usaha F&B yang sukses untuk waktu yang lama bukanlah hal yang mudah. Kita bisa melihat banyak sekali restoran, kafe dan gerai kopi baru bermunculan […]
No more content to load.

Intelligent workflows for empowered teams.

Gain instant insights for long term success.
Nimbly brings you new opportunities.
© 2021 , Nimbly App Terms of ServicePrivacy Policy
© 2021 , Nimbly App Terms of ServicePrivacy Policy