To understand whether the costs are being controlled effectively, the operational efficiency also needs to be assessed.
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To understand whether the costs are being controlled effectively, the operational efficiency also needs to be assessed. For example, at Smart Drive it is important to keep van costs as low as possible by filling the van as much as possible. To do this, they can calculate the sales volumes per delivery. What other ratios would be useful? What other data would you like so as to make a full assessment of the relative performance of the two warehouses?
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Related Book For
Accounting A Smart Approach
ISBN: 9780199587414
1st Edition
Authors: Mary Carey, Jane Towers Clark, Cathy Knowles
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