Service Sales as a Percentage of Plant Revenue
This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Service Sales as a Percentage of Plant Revenue. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.
What is Service Sales as a Percentage of Plant Revenue?
The dollar amount of revenue generated from service (maintenance, machine repair, etc.) sales divided by the total dollar amount of revenue generated by the plant, or production facility, over the same period of time, as a percentage.
Why should Service Sales as a Percentage of Plant Revenue be measured?
Service Sales as a Percentage of Plant Revenue measures the dollar amount of revenue generated from service (maintenance, machine repair, etc.) sales in relation to the dollar amount of revenue generated by the plant, or production facility, over the same period of time. A low value for this metric may be related to multiple factors, including inefficient lead generation and sales processes, poor customer service practices (which increases customer dissatisfaction and attrition rates), ineffective marketing and advertising strategies (i.e., direct mail marketing, email marketing, etc.), inaccurate demand forecasting methods and sub-par sales and service employee training and performance. Excessively low values can expose the company to financial risks by preventing on-time payoffs of liabilities.
Download a Sample Service Sales as a Percentage of Plant Revenue
Frequently Asked Questions
Q: How do you collect and validate your data?
A: From real-world consulting engagements with Fortune 500 leaders. We’ve spent 25 years conducting original research and anonymizing data from our engagements with top companies around the world. Every single data point we collect is scrutinized by our analysts to conform to established baselines and our rigorous in-house validation process. We won’t serve it up to you unless it meets our tough standards for utility and value.
Q: How much information will my Benchmarking Report contain?
A: Enough to produce a useful benchmark. And rest assured that it’s all current, validated, and useful. We only include data that’s been collected in the last five years. And while sample sizes vary by KPI, the average is 25, and the high end can surpass 1,000.
Q: How often do you update your reports?
A: Every year. We’re constantly gathering, scouring, and processing new data. We update our reports based on trends our analysts detect in the data, as well as the demand from our consulting clients and customers like you.
Q: Your download-able reports look great. But I need something custom. Can you help?
A: Heck yes. Our crack research teams just love custom assignments, and would be delighted to perform targeted research tailored to your specific requirements. Find out just how fast and affordable this is: Email us (email@example.com) or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.