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what is KPI's

what is KPI's  and what are KPI"S using for sales, banking, financials,insurances

hi friends can you please explain me what is KPI'S and please send any examples of KPI'S

6 Replies
robert_mika
Master III
Master III

KPI - Key Performance Indicator it depends a lot of the business you're analysing.



Lokk here:

KPI scorecard

buzzy996
Master II
Master II

int question?,okie.

KPI = Key Performance Indicator

In sales,

QUANTITY

banking,financials,

NPL= NON PERFORMING LOANS

insurances

Claims ration or claims payble

Anonymous
Not applicable
Author

for Sales Quantity sold, quantity received, Sales amount, if its retail sales then foot fall

basket size, basket value

rajkumarb
Creator II
Creator II

HI Subbu

This Link Will help

What are KPIS & its need in Dashboard?

DavidFoster1
Specialist
Specialist

KPIs are a huge topic. This is a good book (but by no means the only one) on KPIs
http://www.amazon.co.uk/Key-Performance-Indicators-KPI-Financial/dp/0273750119

With my clients I always tend to steer them away from the term KPI until they are a good way up the Bi maturity curve. I start them off with basic measures, then targetted measures, before starting to use the term KPI.

Think of a KPI as a simple piece of information that explains the current position and trend of an aspect of an organisation. Simple KPI's can be things like 'Net Profit %', but you can get hideously comvoluted ones like 'Median Process Cycle Times' across business with global divisions and thousands of processes.

vvvvvvizard
Partner - Specialist
Partner - Specialist

key performane indicators , kpi are mostly used when designing dasboards , kpi for a banking are number of clients with gold cards , number with platinum cards , total credit card debt ,   for insurance can be number of insurance policies sold , number of claims from beginning year to date , number users cancelling policy , number users late with premuim payments ...