Analyse actual statistics against what planned objectives


Task -

Your Warehouse Manager has gone on annual leave and you have been given an added responsibility of Warehouse Manager. You have evaluated the current performance and targeted performance. You are now required to an alyse the performance report against planned objectives to increase its productivity efficiency.

Area

Current performance

Performance target to achieve 10% productivity improvement

Required corrective action

Time Average order processing time

80 minutes

72 minutes

 

Cost Average cost to process an order

$200.00

$180.00

 

Quality Error Rate

10%

Less than 1%

 

Production Average number of orders processed per day

50

55

 

During task -

Analyse actual statistics against what planned objectives.

Develop and evaluate Key Performance Indicators (KPI's).

Motivate and training the required under performing employees to enhance their skill to match organisational objectives.

Consistently review business plan as a part of continuous improvement process.

Attachment:- Assignment File.rar

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Finance Basics: Analyse actual statistics against what planned objectives
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