Garden Retail Success provides Key Performance Indicator Monitoring and Benchmarking for individual garden retailers and trade associations and groups. Key Performance Indicator monitoring and Benchmarking are the most important management tools available to the garden retailer.

Key Performance Indicator Monitoring

This measures and monitors

• Monthly: sales by department (in most cases 6 – 10 departments) performance compared to budget, last year, and % of total for each department.
• Monthly (or quarterly or half yearly): gross margin, stock turn, and GMROI, by department (in most cases 6 – 10 departments)
• Monthly: expenses as a percentage of sales in 5 categories (wages, marketing, operations, occupational, financial)
• Customer count compared to budget and last year
• Average sale compared to budget and last year
• Average sale in your currency
• Average item value in your currency

Benchmarking

Compare your KPI performance against your garden retail peers in groups or trade associations. Benchmarking is an invaluable tool to highlight strengths and weaknesses in relation to industry averages.

Register your interest

If you would like more information or to subscribe to KPI Monitoring & Benchmarking, please complete the form below to register your interest.

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 KPI Monitoring

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