More from TIS Consulting Group
For any company, is imperative to understand its current and ongoing performance. This is usually evaluated by comparing financial metrics, such as utilities and costs. But, how can we understand the ...
As previously mentioned in the Key Performance Indicator (KPI) publication, a way to graphically visualize these KPIs is using a Balanced Scorecard.
Incrementing demand and attracting new customers is commonly seen among the purposes of any business. But, what happens if the company does not have capacity to meet the increased needs of its ...
Is it through published advertisement, social network advertisement, or which method is having the best performance? How can I understand the way my market perceives my advertisement?
Inventory is defined as the accumulation of goods in order to satisfy a product’s demand (either for retail or for production), and has been commonly considered as a necessary evil. Inventory ...
Customer churn is defined in most of companies as an expected loss of clients. Recent studies have increased the importance of this loss by comparing the cost of attracting a new customer versus ...
Logistics, particularly over the past few years, has been a decisive factor in the growth and development of countless organizations. New manufacturing technologies have enabled companies to lower ...
Medical emergency response services provide assistance to events of illness or injury that require urgent attention. In the basic medical emergency response service, an ambulance is required to ...
The location of the company site is a decision that could incur on high costs that should not be taken lightly; some expected (rent and transportation of goods) but other unexpected like loss of ...
Waiting lines are created when the time a service takes to be completed is greater than the time it takes for its demand to increase. For instance, if in average a bank teller takes more time to ...